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Assume the total cost of a university education will be $300,000 when your child enters university in 18 years. you currently have $65,000 to invest.
Assume the total cost of a university education will be $300,000 when your child enters university in 18 years. you currently have $65,000 to invest. the annual rate of interest you earn on your investment to cover the cost of your childs univeristy education is 8.87%. At 6.5% interest, how long does it take to double your money? To quadruple it?
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Financial Management Theory And Practice
Authors: Prasanna Chandra
9th Edition
9339222571, 978-9339222574
