Franklin templeton has just invested 9160 for his son age


Franklin Templeton has just invested $9,160 for his son (age one). This money will be used for his son's education 17 years from now. He calculates that he will need $53,882 by the time the boy goes to school.

What rate of return will Mr. Templeton need in order to achieve this goal?

Request for Solution File

Ask an Expert for Answer!!
Financial Econometrics: Franklin templeton has just invested 9160 for his son age
Reference No:- TGS0667925

Expected delivery within 24 Hours