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Client Information Lindsey (single mom w/ 2 kids) Age 36 Rob Age 11 Ann Age 4 *Both Rob and Ann will go to college at

Client Information
Lindsey (single mom w/ 2 kids) Age 36
Rob Age 11
Ann Age 4
*Both Rob and Ann will go to college at age 18
*Rob will go to a 4-year program; Ann will go to a 5-year program
Current saving for Rob $ 45,000.00
Current saving for Ann $ 8,000.00
Current tuition (& fees) per year $ 30,000.00
Tuition (& fees) inflation 7.50%
General inflation 2.50%
Interest rate (for both Rob's and Ann's 529 plans) 13%

Create an education saving plan for Lindsey's two kids using METHOD 2 (NPV).

*Should calculate separately for the two kids

PLEASE SHOW WORK IN EXCEL ILL UPVOTE!

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