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Want to know cost of college education for the 2 children so they can approach Mrs Youngs father about funding a 529 plan. Current cost
Want to know cost of college education for the 2 children so they can approach Mrs Youngs father about funding a 529 plan. Current cost of education $35K in todays dollars with expected 5% inflation. Expect children in school six years each and expect rate of return 8.5%
4 Calculate the PV of each childs college education (Use real vs nominal approach)
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