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Your san 7 ommy was just born foday ( Year O ) , and vou are planning for his college education. You would the to
Your san ommy was just born foday Year O and vou are planning for his college education. You would the to make equal deposits every weeks assume a week year into a college savings account starting in Year and ending in Year a total of deposits so that Tornmy can make annual withdrawals in Year and for tuition. Tuition is currently Mear o $year and it is expected to grow at year for each of the next years, and then at year for all years after. You can earn a nominal annual rate of with interest compounded weekly week year in a college savings account. How much must each of the deposits be to exactly fund the expected tuition expense?
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