Assume the total cost of a college education will be $360,000 when your child enters college in 15 years. You presently have $58,000 to invest. What annual rate of interest must you earn on your investment to cover the cost of your child's college education? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Annual rate %
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- Assume the total cost of a college education will be $365,000 when your child enters college in 18 years. You presently have $59,000 to invest. What annual rate of interest must you earn on your investment to cover the cost of child's college education? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) your Annual rate %Assume the total cost of a college education will be $300,000 when your child enters college in 18 years. You presently have $57,000 to invest. What annual rate of interest must you earn on your investment to cover the cost of your child's college education? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Annual rate of interest %Assume the total cost of a college education will be $325,000 when your child enters college in 18 years. You presently have $85,000 to Invest. What annual rate of interest must you earn on your Investment to cover the cost of your child's college education? Note: Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Annual rate 7.74 %
- Assume the total cost of a college education will be $395,000 when your child enters college in 18 years. You presently have $65,000 to invest. What annual rate of interest must you earn on your investment to cover the cost of your child’s college education? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)Assume the total cost of a college education will be $300,000 when your child enters college in 18 years. You presently have $60,000 to invest. What annual rate of interest must you earn on your investment to cover the cost of your child's college education? (Do not round Intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Annual rate of interest jpeg EA9F9D41-D35...jpeg 8A1B4474-4751..jpeg 8A1B4474-4751..jpegAssume the total cost of a college education will be $359,000 when your child enters college in 15 years. You presently have $74,000 to invest.What annual rate of interest must you earn on your investment to cover the cost of your child’s college education? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
- Assume the total cost of a college education will be $224,140 when your child enters college in 12 years. You presently have $57,945 to invest. What annual rate of interest must you earn on your investment to cover the cost of your child's college education? Answer as a decimal fraction to four decimal places - ie, if you get 8.23%, enter the answer as 0.08 Next ▸4. Assume the total cost of a college education will be $300,000 when your child enters college in 18 years. You presently have $65,000 to invest. What annual rate of interest must you earn on your investment to cover the cost of your child’s college education? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) Annual rate of interest %Assume the total cost of a college education will be $365,000 when your child enters college in 18 years. You presently hae $59.000 to invest What annual rate of interest must you eam on your investment to cover the cost of your chid's colege education? (De net round intermediate calculetions and enter your answer as a percent rounded to 2 decimal pleces, eg. 32.16)
- Soved Assume the totol cost of a college educotion will be $200,000 when your child enters college in 16 years. You presently have $55,000 to Invest. What annualrote of Interest must you earn on your Investment to cover the cost of your child's college education? (Do not round Intermediate calculations. Enter your answer ac o percent rounded to 2 decimal places, e.g., 32.16.) Annual rate of interestAssume the total cost of a university education will be $90,000 when your child enters university in 6 years. You presently have $55,000 to invest. What annual rate of interest (APR) must you earn, if the interest is compounded monthly? Enter your answer as a percentage. Do not include the percentage sign in your answer. Enter your response below rounded to two decimal places. NumberYou estimate a college education will be $300,000 when your child enters college in 18years. You presently have $70,000 to invest. What annual rate of interest must you earn on yourinvestment to cover the cost of your child’s college education?