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INTERMEDIATE FINANCIAL MANAGEMENT Question 5 Assume the total cost of a college education will be $320,000 when your child enters college in 18 years. You
INTERMEDIATE FINANCIAL MANAGEMENT 
Question 5 Assume the total cost of a college education will be $320,000 when your child enters college in 18 years. You presently have $67.000 to invest. What annual rate of interest must you earn on you investment to cover the cost of your child's college education Present value Years Interest rate Future value Question 5 Assume the total cost of a college education will be $320,000 when your child enters college in 18 years. You presently have 567.000 to invest. What annual rate of interest must you can on you investment to cover the cost of your child's college education? Present value Years Interest rate Future value
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Corporate Financial Management
Authors: Glen Arnold
4th Edition
0273719068, 978-0273719069
