After a tough few years, you are back on your feet and need to start investing for your child's future. Your child has just turned five and on their 18th birthday, you hope to have $25,000 in investments for them. On their 18th birthday, your parents will contribute $6,000 to your child's college fund. Assume that you can earn 6% return per annum. (Hint: PV. or PVA or FV or FVA?) If you could only invest $700 per year, how much would your parent's need to contribute in your child's 10th birthday in order to meet your goal?

Aneth few years are back on your feet and need to start Murchaume wand oth you hope to $25.000 for them on the 100 bita, you will be $4,000 to you Assume that you can earn per annunt: Dwwa picture P P P PAT You only invest $700 per your, how much would your Parent's need to come your child's thirthday in order to meet your soul View tsert Format Tools Table BT After a tough few years, you are back on your feet and need to start investing for your child's future. Your child has just turned five and on their 18th birthday. you hope to have $25,000 in investments for them. On their 10th birthday, your parents will contribute $6,000 to your child's college fund. Assume that you can earn 6% return per annum. (Hint: Draw a picture! PV or PVA or FV or FVA?) f you could only invest $700 per year, how much would your Parent's need to contribute -n your child's 10th birthday in order to meet your goal