Question
Assume the total cost of a college education will be $375,000 when your infant child enters college in 17 years. How much you invest at
Assume the total cost of a college education will be $375,000 when your infant child enters college in 17 years. How much you invest at the end of each month in order to accumulate the required $375,000 at the end of 17 years if your monthly investments earn an annual interest rate of 4 percent, compounded monthly?
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Routledge Handbook Of Financial Technology And Law
Authors: Iris Chiu, Gudula Deipenbrock
1st Edition
0367344149, 978-0367344146
