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can you help with these? thank you. Your rich aunt has promised to give you $100,000 in 5 years if you complete your undergraduate degree.
can you help with these? thank you.
Your rich aunt has promised to give you $100,000 in 5 years if you complete your undergraduate degree. If you got the money now, you could invest it to earn 8% per year, what is the present value of the promised gift? O A About $68,000 OB.$100.000 OG. About $140,000 OD About $60,000 QUESTION 6 Your college tuition will cost you $10,000 per year for four years, starting in one year. How much would you need to set aside today to cover the cost of the tuition if you can invest the money at 10% per your? O A. About $60,000 OB. $40,000 C. About $30,000 OD. About 32,000 O E About $28,000 Step by Step Solution
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