Assume the total cost of a college education will be 250000


Assume the total cost of a college education will be $250,000 when your child enters college in 17 years. You presently have $69,000 to invest.

What annual rate of interest must you earn on your investment to cover the cost of your child's college education?

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Financial Econometrics: Assume the total cost of a college education will be 250000
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