Question: Timur is anxious to replace work with babysitting his new grandson. He and Marguerite want to establish a 529 account this year. If all of
Timur is anxious to replace work with babysitting his new grandson. He and Marguerite want to establish a 529 account this year. If all of the relatives together can contribute an average of $6,500 per year for the next 18 years and the 529 account earns 7.5 percent, how much will be available for Timurs grandson college expenses in 18 years?
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