You want to send your grandchild to a very prestigious university.You heard that a college education will cost $800,000 in 18 years.If you invest $10,000 at the end of each year,what IRR will you need in order to reach your goal of $800,000?
A)12.46%
B)15.52%
C)13.65%
D)18.00%

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The Answer of You want to send your grandchild to a very prestigious university.You heard that a college education will cost $800,000 in 18 years.If you invest $10,000 at the end of each year,what IRR will you need in order to reach your goal of $800,000?
A)12.46%
B)15.52%
C)13.65%
D)18.00%

You Want to Send Your Grandchild to a Very Prestigious