Question
Mr. and Mrs. Williams need to save $150,000.00 to send their daughter to college in 14 years. They expect to earn 8% annually on their
Mr. and Mrs. Williams need to save $150,000.00 to send their daughter to college in 14 years. They expect to earn 8% annually on their investment. What amount do they need to have today so that they can reach their financial goal of having $150,000.00 in 14 years?
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Introduction To Estimating Economic Models
Authors: Atsushi Maki
1st Edition
0415589878, 978-0415589871
