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Suppose you have a 1-year old son and you want to provide $200,000 in 17 years towards his college education. You currently have $25,000 to
- Suppose you have a 1-year old son and you want to provide $200,000 in 17 years towards his college education. You currently have $25,000 to invest. What interest rate must you earn to have the $200,000 when you need it?
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Financial and Managerial Accounting
Authors: John J Wild, Ken W. Shaw
8th edition
1260247856, 978-1260247855
