Question
Lucy and Fred want to begin saving for their baby's college education. They estimate that they will need $133000 in thirteen years. If they are
Lucy and Fred want to begin saving for their baby's college education. They estimate that they will need $133000 in thirteen years. If they are able to earn 2% per annum, how much must be deposited at the end of each of the next thirteen years to fund the education?
| $9920. |
|
| $10986. |
|
| $9060. |
|
| $11720. |
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Cost Accounting
Authors: Mark Lee Inman
2nd Edition
0434908320, 978-0434908325
