For my oldest son, Timmy, my wife and I each put $25 per paycheck into a college fund that earns 9.5% per year. We are both paid bi-weekly (every 2 weeks), and started saving exactly 2 weeks after he was born. How much will he have for college when he turns 18?

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Heres how to calculate how much Timmy will have for college when he turns 18 1 Define variables Cont... View the full answer