Hi.

You are able to save $2,500 from year 4 through year 10 at the

beginning of each year (inclusive). You have two children who will be

attending college at a cost of $15,000 per year starting in year 28 and

continuing through year 35, inclusive. You will inherit $25,000 in year

25. When you retire in year 47, you will need $60,000 per year for 20

years.

If you will be able to receive 3% from now through year 30 (inclusive)

and 4.5% beginning in January of year 31 and thereafter

(inclusive), how much must you save from year 8 through year 46

(inclusive) to reach your needs?

please show workby hand OR TYPED whatever easer but(NO EXCEL), having a little hard time understanding it.

Thank you very much.please do it ASAP.