Question
I am setting up a fund for my son to go to college. I figure that he will need $50,000 by the time he is
I am setting up a fund for my son to go to college. I figure that he will need $50,000 by the time he is old enough to go to college. I found an account that pays 5.75% compounded monthly. How much will my monthly payment be to get my son setup for college in 17 years?
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
6th edition
1305968352, 978-1337635653, 978-1305968356
