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Ath 4- A man wants to help provide a college education for his young daughter. He can afford to invest $1500/yr for 30 the next
Ath 4- A man wants to help provide a college education for his young daughter. He can afford to invest $1500/yr for 30 the next 5 years, beginning on the girl's 5th birthday. He wishes to give his daughter $10,000 on her 18th, 19th, 20th, and 21st birthdays, for a total of $40,000. Assuming 6% interest, what uniform annual investment will he have to make on the girl's 9th through 17th birthdays
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