Question
You need to have $400,000 (nominal dollars) saved up to pay college tuition at Washington State University for your beautiful baby daughter 17 years from
You need to have $400,000 (nominal dollars) saved up to pay college tuition at Washington State University for your beautiful baby daughter 17 years from now. How much would you need to save at the beginning of each month if you could earn 9% annually (compounded monthly)?
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Principles Of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter
13th Edition
9780132738729, 136119468, 132738724, 978-0136119463
