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need help! please show work to help me learn it. 12. (5 points.) Assume the cost of attending college will be $250,000 in 20 years.
need help! please show work to help me learn it.
12. (5 points.) Assume the cost of attending college will be $250,000 in 20 years. You presently have $25,000 to invest. What annual rate of interest must you earn on your $25,000 to cover the $250,000 cost in 20 years? (Write down what you enter in your calculator below.) Step by Step Solution
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