You plan to contribute $1,200 each year to your nephews college education. He will graduate from high
Question:
You plan to contribute $1,200 each year to your nephew’s college education. He will graduate from high school in 10 years. Interest rates are 6%. Calculate how much money you should have saved for him by the time he is ready to go to college using the following methods:
a) Reference table (Use Table A-3)
b) Financial calculator
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Related Book For
Personal Finance Building Your Future
ISBN: 978-0073530659
1st edition
Authors: Robert B. Walker, Kristy P. Walker
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