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D Question 23 After a tough few years, you are back on your feet and need to start investing for your child's future. Your child
D Question 23 After a tough few years, you are back on your feet and need to start investing for your child's future. Your child has just turned five and on their 18th birthday, you hope to have $25,000 in investments for them. On their 10th birthday, your parents will contribute $6,000 to your child's college fund. Assume that you can earn 6% return per annum. (Hint: Draw a picture! PV or FV?) How much do you need to put away per year
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