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Ross and Rhonda are new clients. They have a son, Robert, age 8, and they want to start planning for his college education. If they
Ross and Rhonda are new clients. They have a son, Robert, age 8, and they want to start planning for his college education. If they want to plan for four years of college education for Robert and current college costs are averaging $10,000 annually, inflation is at 4%, and they can earn a 7% after-tax return, what is the amount needed at the beginning of Robert's college years? $55,174.28 $56,765.85 $59,209.76 $59,902.76 Ross and Rhonda are new clients. They have a son, Robert, age 8, and they want to start planning for his college education. If they want to plan for four years of college education for Robert and current college costs are averaging $10,000 annually, inflation is at 4%, and they can earn a 7% after-tax return, what is the amount needed at the beginning of Robert's college years? $55,174.28 $56,765.85 $59,209.76 $59,902.76
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