Question
Robert has twins and anticipates a minimum need of $104,000 for college education funds in 13 years when his kids start college. How much money
Robert has twins and anticipates a minimum need of $104,000 for college education funds in 13 years when his kids start college. How much money should Robert put in an account today? Assume that the account pays Robert 4.77 percent net after tax compounded annually. Round the answer to two decimal places.
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SOLUTION To calculate the amount that Robert should put in an accoun...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
