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You win the vaccine lottery for college tuition. Just when you are celebrating, everything falls apart. You now have to save for college all by
You win the vaccine lottery for college tuition. Just when you are celebrating, everything falls apart. You now have to save for college all by yourself. You only have $35,000 to deposit into a bank account that earns annual interest. You will need $80,000 in 8 years for your college expense and the request to pay in installments instead of a large sum of $80,000 is declined. What is the interest rate that will help fulfill your dream of going to college?
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