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Question 6 (Mandatory) (5 points) Listen Duke University estimates that the average cost of attending is at $30,000 per year including tuition, books, room,
Question 6 (Mandatory) (5 points) Listen Duke University estimates that the average cost of attending is at $30,000 per year including tuition, books, room, and board. The cost of sending a child to college has increased by 7% per year and this will be true for the next 12 years. What will a four-year college education cost in 12 years? Question 7 (Mandatory) (5 points) Listen A small business owner deposits $1,250 at the end of each six months forthe next eight years at 6% compounded semiannually. What is the value of this owner's investment at the end of eight years? A
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