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ek 12 Suppose you have a 1-year old son and you want to provide $75,000 in 17 years towards his college education. You currently have
ek 12 Suppose you have a 1-year old son and you want to provide $75,000 in 17 years towards his college education. You currently have $5,000 to invest. What interest rate must you earn to have the $75,000 when you need it? A. Set up the formula to solve the problem (do not need to calculate the answer) Show your work here B. Show the excel function and calculate the value Show your work here
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