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What return is this investment offering

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Question - Calculating Interest Rates - 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 12th birthday. Beginning on your child's 18th birthday, the plan will provide $35,000 per year for four years. What return is this investment offering?

Reference no: EM133102468

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