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You want to save up to pay your 9-year-old child's college tuition fee, which costs $63,200, when he'll be 17. You currently have $18,600 that
You want to save up to pay your 9-year-old child's college tuition fee, which costs $63,200, when he'll be 17. You currently have $18,600 that you've set aside for this goal that you will not be investing. Given an interest rate of 3.5% how much would you need to invest now to be able to pay for their college. Select one a $ 39,058.98 b.S 46,783.69 c.$ 29,394 81 d. $ 21.403.06
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