Charnell wants to have at least $200,000 for each newborn twin to go to college at age

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Charnell wants to have at least $200,000 for each newborn twin to go to college at age 18. Each set of grandparents decide to set up a college fund for an individual twin. Twin A has a college fund that contributes $7,500 per year and earns 5%. Twin B has a savings account that contributes $6,250 per year and earns 7%. Which account garnered more and will Charnell have enough for each twin to go to college?

Posted Date: May 19, 2024 05:14 PM

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Charnell wants to have at least $200,000 for each newborn twin to go to college at age

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