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ssume the total cost of a college education will be $345,000 when your child enters college in 18 years. You presently have $55,000 invest. What

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ssume the total cost of a college education will be $345,000 when your child enters college in 18 years. You presently have $55,000 invest. What annual rate of interest must you earn on your investment to cover the cost of your child's college education? ote: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16

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