Assume the total cost of a college education will be $190,874 when your child enters college in 14 years. You presently have $44,946 to invest. What annual rate of interest must you earn on your investment to cover the cost of your child's college education? Enter answer as 3 decimal places (e.g. 0.123) You plan to retire in 29 years. You are debating whether to deposit $49,890 into an account earning 7 percent annually today or waiting 12 years before making the deposit. How much more will be in the account when you retire in 29 years if you make the deposit today as opposed to waiting 12 years to make the first deposit