a business researcher, believes that organizations will have to spend a lot of money on employee health care in the future. Her colleague Jamaal argues that organizations will not have to increase their spending on employee health care benefits. Which statement weakens Jamaal's argument

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.)