Question
ammy is 5 and his parents opened an RESP for him today. They expect education costs to be $15,000/yr for 4 years starting at age
ammy is 5 and his parents opened an RESP for him today. They expect education costs to be $15,000/yr for 4 years starting at age 18. The rate of return and inflation is 3%. What is the total cost of education at the start of school?
$234,267
$55,756
$159,524
$81,880
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Health Care Finance Basic Tools For Nonfinancial Managers
Authors: Judith J. Baker, R.W. Baker
4th Edition
1284029867, 978-1284029864
