Question
SOLVE USING FINANCIAL CALCULATOR IN END MODE Chad Price wants to fund his daughters university tuition, which he expects will be 20,000 per year for
SOLVE USING FINANCIAL CALCULATOR IN END MODE
Chad Price wants to fund his daughters university tuition, which he expects will be 20,000 per year for 4 years, starting 13 years from now. To do so, Price will make equal annual deposits into her university fund at the beginning of each year, starting today. If the fund earns 5% interest per year, the amount that Price must deposit each year is ?
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Handbook Of The Fundamentals Of Financial Decision Making
Authors: Leonard C MacLean, William T Ziemba
1st Edition
9814417343, 978-9814417341
