After selling the family farm and splitting the proceeds with your siblings, your inheritance is 66,475. you plan to use that money to send your quadruplets to college in 10 years. you estimate that tuition will cost 200,000. what interest rate do you need to earn on your investment to meet your financial goals?

11.64%

Explanation:

We use the Rate formula shown in the spreadsheet for this question.

The NPER represents the time period.  

Given that,  

Present value = $66,475

Future value or Face value = $200,000

PMT = $0

NPER = 10 years

The formula is shown below:  

= Rate(NPER;PMT;-PV;FV;type)  

The present value come in negative

Hence, the interest rate is 11.64%

the most important factor in the

work process or industry is to retain the interest of the employee. and to

retain them, their salary or profit must be adjusted to the best value. unless

the employee does not do his job properly, employees must receive bonuses or

benefits to ensure them to stay in the company. it will actually make them stay

longer, make them feel important and reduce costs for hiring new employees.

explanation:

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