You want to save for your child’s college. Your child will start to college in 18 years and you want to have $152698 at that time. You find a saving plan that will pay 6.0% compounded weekly (52 times per year). How much will you have to deposit weekly to accomplish this?

Answer rating: 100% (QA)

To calculate the weekly deposit required to reach a savings goal of 152698 in 18 ... View the full answer