Question: A different tutor gave me this answer, it says it is incorrect . Thanks! Chapter 2 Financial Planning Exercise 11 Steve Short wants to set
Chapter 2 Financial Planning Exercise 11 Steve Short wants to set up a fund to pay for his daughter's education. In order to pay her expenses, he will need $24,000 in four years, $25,300 in five years, $26,80o in six years and S27 900 in seven years If he can put money into a fund that pays 6% interest, what lump sun payment must he pace n the nund today to meet his college funding goals Round the answer to the nearest cent. Round PV-factor to three decimal places. s18555.09
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