E connect Corporate Finance Kinnen: FNCE354 (LS HW3 instructions help Question 4 (of 12) a Save & Elt Submit Time r 4. 3.33 points Problem 4-6 Calculating Rates of Return [LO 3] Assume the total cost of a colege education will be $400,000 when your child enters colege in 17 years. You presently have $66,000 to invest What annual rate of inberest must you earn on your investment to cover the cost of your child's college education? (Do not round intermedlate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16 Annual rane Hints References eBook & Resources Hint#1 Check my.r 8 8