Explain how you calculate how much you need to invest to
1. Explain how you calculate how much you need to invest to have enough money for your Child's college with interest rate 7%, if it will cost 100,000 in 18 years?
Calculate the time value?
2. What is the EAR if the APR is 6% and it compounds daily?
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task instructionsoverviewa workable database structure will be provided for assessment 1 projectassessment 1 project
1 explain how you calculate how much you need to invest to have enough money for your childs college with interest rate
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