Question
A new father plans on saving for his daughters college education. He will donate $900.00 on her first birthday. After that, he will increase his
A new father plans on saving for his daughters college education. He will donate $900.00 on her first birthday. After that, he will increase his donation by 6.00% each year and will make his last contribution on her 18th birthday. If he can earn 8.00% each year in his investment account, how much will his daughters college fund be worth on her 18th birthday?
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The Best Retirement Guides For Adults Successful Techniques To Make Your Money Last A Lifetime
Authors: Rebecca W. Anderson
1st Edition
979-8865146025
