Question
Mr. Blochirt is creating a college investment fund for his daughter. He will put in $22,000 per year for the next 18 years and expects
| Mr. Blochirt is creating a college investment fund for his daughter. He will put in $22,000 per year for the next 18 years and expects to earn a 6% annual rate of return. How much money will his daughter have when she starts college? Use Appendix C. (Round "FV Factor" to 3 decimal places.)
$668,919 680,659 $679,932 $667,906 |
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International Finance Theory And Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc Melitz
11th Global Edition
1292238739, 978-1292238739
