Business, 08.02.2021 20:30 estermartinez
Your daughter was just born today, so that means its time to start saving for her college education. You plan to make 18 annual payments (starting today) of $3,000 each year on her birthday (the last coming on her 17th birthday). You will withdraw the money on her 18th birthday (no payment will be made this day) and write a check to the college of her choosing. If you expect an average investment return of 8%, how much will you have saved up for her college tuition
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Your daughter was just born today, so that means its time to start saving for her college education....
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