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A set of parents want to start a college fund for their child. They can invest $12,000 a year into a college fund that has

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A set of parents want to start a college fund for their child. They can invest $12,000 a year into a college fund that has a rate of return of 3%. How many years will the parents need to invest if they would like to have $150,000 in the fund? F = P(1 + i)" P= F(1 + i)" F = a[+)"- P = A (h*) A = Flatoni] A = P(14:00) lil A livin-1

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