if they want to pay $12,500 per year for fours years to pay for Jon's college, how

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if they want to pay $12,500 per year for fours years to pay for Jon's college, how much do they need to fund that. he is 16 years old and will go go college at age 18 for four years. If they started now at his age of 16 and saved until he graduated, at age 22, how much would they have to save annually and monthly? return on investments is 7% and tuition inflation is 6%

Posted Date: May 10, 2024 02:10 AM

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if they want to pay $12,500 per year for fours years to pay for Jon's college, how

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Answer To calculate how much they need to fund Jons college education we can use the future value of ... View the full answer

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