{"id":361,"date":"2017-11-08T11:27:35","date_gmt":"2017-11-08T05:27:35","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/assume-the-total-cost-of-a-college-education-will-be-300000-when-education\/"},"modified":"2017-11-08T11:27:35","modified_gmt":"2017-11-08T05:27:35","slug":"assume-the-total-cost-of-a-college-education-will-be-300000-when-education","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/assume-the-total-cost-of-a-college-education-will-be-300000-when-education\/","title":{"rendered":"Assume the total cost of a college education will be $300,000 when &#8230; education?"},"content":{"rendered":"<p>Assume the total cost of a college education will be $300,000 when your child enters college in 16 years. You presently have $75,561 to invest. What rate of interest must you earn on your investment to cover the cost of your child&#8217;s college education?<\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","topic":[70],"subject":[7],"class_list":["post-361","mcq","type-mcq","status-publish","hentry","topic-the-time-value-of-money","subject-corporate-finance"],"mcq_note":"Assume the total cost of a college education will be $300,000 when your child enters college in 16 years. You presently have $75,561 to invest. What rate of interest must you earn on your investment to cover the cost of your child's college education?Answer:9.00 percent .","mcq_options":[{"right":"no","answer":"7.75 percent "},{"right":"no","answer":"8.50 percent "},{"right":"yes","answer":"9.00 percent "},{"right":"no","answer":"9.25 percent "}],"multi_answers":"no","subject_terms":[{"id":7,"title":"Corporate Finance","slug":"corporate-finance"}],"topic_terms":[{"id":70,"title":"The Time Value of Money","slug":"the-time-value-of-money"}],"_links":{"self":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq\/361","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq"}],"about":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/types\/mcq"}],"author":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/comments?post=361"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=361"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=361"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}