Question
You plan on attending graduate school for 2 years starting 7 years from now. Each year of graduate school will cost you $36,277.You begin saving
You plan on attending graduate school for 2 years starting 7 years from now. Each year of graduate school will cost you $36,277.You begin saving for graduate school starting 2 years from now and save for 3 years. How much must youinvest each year, startingnext year,for 3 yearssuch that your investment will grow to just cover the cost of graduate school? Your investments earn 2.2% APR (compounded annually).
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Labor Economics
Authors: George J. Borjas
6th edition
73523208, 2900073523209 , 978-0073523200
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