You have a child who will start college in 14 years, and you plan to set aside
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You have a child who will start college in 14 years, and you plan to set aside $1,000 a year for her college education during that period. You estimate that you will earn an annual interest rate of 6% on your investment. What amount can you expect to have available for your child when they start college?
Related Book For
Managerial Accounting A Focus on Ethical Decision Making
ISBN: 978-0324663853
5th edition
Authors: Steve Jackson, Roby Sawyers, Greg Jenkins
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