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Please put the answers not just an explanation on how to do it. College tuition is currently $38206 and is expected to grow at a
Please put the answers not just an explanation on how to do it.
- College tuition is currently $38206 and is expected to grow at a rate of 2.35% per year. How much will college tuition be in 16 years? Enter only numbers and decimals in your response. Round to 2 decimal places. Use your financial calculator.
2. You have borrowed $2859 from your parents. You will pay them back what your borrowed plus $463 in 3 years. What is the implied interest rate?Answer as a percent. Enter only numbers and decimals in your response. Round to 2 decimal places. Use your financial calculator.
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