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Fill in the blanks: You like to send your child to college for 4 years starting 18 years from now. You know that you will
Fill in the blanks: You like to send your child to college for 4 years starting 18 years from now. You know that you will need to pay USD20000 at the beginning of each year. You decided to start your saving plan next year and make 17 payments into a savings account paying 5% p.a., what annual payments must you make? You will have to save USD each year if you start next year and makes payments into a savings account paying percent annually
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