Question
Johnson family has found that the current cost of attending college is $35,000 per year. How much lump sum amount they should have in their
Johnson family has found that the current cost of attending college is $35,000 per year. How much lump sum amount they should have in their education account so that the 4 years of college is funded? Assume education inflation to be 6.25% and investment return to be 7% per year.
| $134,377 | ||
| $137,564 | ||
| $138,535 | ||
| $136,569 |
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The New Market Wizards Conversations With Americas Top Traders
Authors: Jack D. Schwager
1st Edition
0887306675, 978-0887306679
