Assume the total cost of a college education will be $200,000 when your child enters college in 16 years. You presently have $55,000 to invest. What annual rate of interest must you earn on your investment to cover the cost of your child’s college education?

8.4%

Step-by-step explanation:

let x = interest rate

55,000(1 + x)^16 = 200,000

divide both sides by 55,000

(1 + x)^16 = 3.636

find the invese of 16

1 + x = 1.084

x = 0.084

x = 8.4

1. is 4 and 2. is 3

step-by-step explanation:

so if you look at the first one you see that 1 is to 4 and 2 is to 8 and so on, so you can see for every 1 there is a times 4 so if it were 3 then it would be 3*4 and it is 12

for number 2 it is 3 because 1 is to 3 and 2 is to 6 so for every 1 there is 3 so if it were 3 then there would be 3*3 = 9