Question: Question 13 0.5 pts Jill would like to plan for her son's college education. She would like for her son, who was born today, to

 Question 13 0.5 pts Jill would like to plan for her

Question 13 0.5 pts Jill would like to plan for her son's college education. She would like for her son, who was born today, to attend college for 5 years, beginning at age 18. Tuition is expected to be $12,000 per year without tuition inflation. Jill can earn an after-tax rate of return of 8%. How much must Jill save at the end of each year, if she wants to make the last payment at the beginning of her son's first year of college? $1,146.19 $1,279.36 $849.77 $1,381.71

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