Question
You want to save for your childs college. Your child will start to college in 18 years and you want to have $152698 at that
You want to save for your child’s college. Your child will start to college in 18 years and you want to have $152698 at that time. You find a saving plan that will pay 6.0% compounded weekly (52 times per year). How much will you have to deposit weekly to accomplish this?
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Step: 1
To calculate the weekly deposit required to reach a savings goal of 152698 in 18 ...
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Financial Accounting
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
3rd edition
9780077506902, 78025540, 77506901, 978-0078025549
