What is the present value of all college education for 5 children ages 0, 1, 1, 3,

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What is the present value of all college education for 5 children ages 0, 1, 1, 3, and 5 if the cost of education is today’s dollars is $34,000 per year, education inflation is 5%, and the parents expected portfolio rate of return is 8.5%? The children are expected to be in college 4 years and they will each start at age 18.

Posted Date: Oct 27, 2021 11:54 PM

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What is the present value of all college education for 5 children ages 0, 1, 1, 3,

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Cost of education in todays dollars Inflation rate Portfolio rate of ... View the full answer

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