Question
A couple just had a baby. How much should they invest now at 5.1% compounded daily in order to have $50,000 for the child's education
A couple just had a baby. How much should they invest now at
5.1%
compounded daily in order to have
$50,000
for the child's education
18
years from now? Compute the answer to the nearest dollar. (Assume a 365-day year.)
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The Handbook Of Traditional And Alternative Investment Vehicles Investment Characteristics And Strategies
Authors: Mark J. P. Anson, Frank J. Fabozzi, Frank J. Jones
1st Edition
0470609737, 978-0470609736
