A financial planning service offers a college savings program.
The plan calls for you to make...
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Finance
A financial planning service offers a college savings program.The plan calls for you to make six annual payments of $14,800 each,with the first payment occurring today on your child’s 12thbirthday. Beginning on your child’s 18th birthday, the plan willprovide $35,000 per year for four years.
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What return is this investment offering?
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