Min-Jun and Min-Suh want to contribute $120,000 to a 529 plan for the benefit of their new grandchild. If done shortly after the birth of the child, with a 7 percent annual return and no other contributions, what will the account be worth when the child is 18 and ready to enter college?

Answer rating: 100% (QA)

The investment in 529 plans is specially done for college and graduate school a... View the full answer