Question
Carls parents anticipate needing $100,000 when he is 18 for his college education. If he is 5 years old now, how much should they invest
Carls parents anticipate needing $100,000 when he is 18 for his college education. If he is 5 years old now, how much should they invest in an investment plan that pays 7.2% compounded quarterly? Round to the nearest cent.
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
7th Edition
0357442040, 978-0357442043
