According to economists, the two factors most important to personal investment decisions are
rates of return and the rate of interest.
rates of return and the rate of inflation.
returns and diversifiable risk.
returns and nondiversifiable risk.

Assume the total cost of a college education will be $250,000 when your child enters college in 17 years. you presently have $69,000 to invest. what annual rate of interest must you earn on your investment to cover the cost of your child’s college education? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)