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I need help with the following question. It is about Math of Finance. Questions: A parent can invest $10,000 into a college education fund and

I need help with the following question.

It is about Math of Finance.

Questions:

A parent can invest $10,000 into a college education fund and receive $50,000 in 18 years, or the parent can invest $10,000 into an account which earns 12% compounded annually. Determine the annual rate of return for the first option and determine which option the parent should choose.

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