Your uncle wants to support his daughter education by paying for her MBA degree from a top university in USA. He found that the fees for a 1 year MBA courses at any good US university will cost 80,000$ in 20 years. His daughter is currently 3 years old and he expects that he will need to pay her fees in 20 years. He wishes to invest a fixed amount at the end of each of the next 20 years to fund her degree. How much must your uncle invest at the end of each of the next 20 years if his investments pay 8% every year? If your uncle invests at the beginning instead of at the end of each year, how much must he invest each year if his investments pay the same 8% per year? Why is the investment at the beginning of period different than the investment at the end of the period.

Questions Click Submit to complete this assessment Question 5 points Seven Your uncle wants to support his daughter's education by paying for her MBA degree from a top university in USA. He found that the fees for a 1-year MBA course at any good US university will cost $10,000 in 20 years. He daughter is currently 3 years old and he expects that he will need to pay her fees in 20 years. He wishes to invest fred amount at the end of each of the next 20 years to fund her degree How much as your uncle invest the end of each of the next 20 years of his investments pay 8% every year? If your uncle invests at the beginning instead of at the end of each year, how much must have each you if his investments pay the same per year? Why is the investment at the beginning of period offerent than the investment at the end of the period Question of Question 9 points Save Anwer Your uncle wants to support his daughter's education by paying for her MBA degree from a top university in USA. He found that the food for a 1-year MBA course at any good US university will cost $80,000 in 20 years. He daughter is currently 3 years old and he expects that he will need to pay her fees in 20 years. He wishes to invest a feed amount at the end of each of the next 20 years to fund her degree How much must your uncle investat the end of each of the next 20 years it his investments pay 8% every year? If your uncle investast the beginning instead of at the end of each year, how much must he invest each year if his investments pay the same 8% per year? Why is the investment at the beginning of period different than the investment at the end of the period. You may use the following excel Sheet for calculation. Please click the following link New Microsoft Excel Worksheets