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Assume the total cost of a college education will be $ 3 4 5 , 0 0 0 when your child enters college in 1

Assume the total cost of a college education will be $345,000 when your child enters college in 18 years. You presently have $73,000 to invest. What annual rate of interest must you earn on your investment to cover the cost of your childs college education? (Microsoft Excel formula and steps required)

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