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Your parents are saving for your graduate school tuition. The tuition is now 80,000 per year and is expected to increase at 4.0% per year.

Your parents are saving for your graduate school tuition. The tuition is now 80,000 per year and is expected to increase at 4.0% per year. you just changed your major, so you will need 5 years until you start graduate school. you plan to specialize so you will need 3 years of tuition. how much must your parents save every month to put you through 3 years of graduate school. Currently their stock portfolio is yielding 13%. Please use timeline and grid method to solve problem.

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