Question
You put $18,181 in a college trust fund for your children today. In order for the balance of the fund to become $181,818 eighteen (18)
You put $18,181 in a college trust fund for your children today. In order for the balance of the fund to become $181,818 eighteen (18) years from today, what average annual rate of return must this fund earn?
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Inside Private Equity
Authors: James M. Kocis, James C. Bachman IV, Austin M. Long III, Craig J. Nickels
1st Edition
0470421894, 978-0470421895
