How much money should you deposit each quarter
You want to have $9000 by the time you finish college in 5 years. How much money should you deposit each quarter for the next 5 years into an account paying 8% per year compounded quarterly so that you can have $9000 when you finish college?
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If private colleges and universities are required to identify program and support expenses, how this is accomplished if the entity uses the NACUBO accounts?
Julie's parents' 25th anniversary is in 4 years. She'd like to give her parents a vacation package for their anniversary. She anticipates the vacation package will cost her $2200. An account at her bank pays 4% per year compounded monthly.
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Mango, a super salesman contemplating retirement on his fifty-fifth birthday, decides to create a fund on a 10% basis that will enable him to withdraw $60,000 per year on June 30, beginning in 2014 and continuing through 2017.
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