You are saving for your childs college education tuition, Financial Management

You are saving for your childs college education tuition

You are saving for your child’s college education. Tuition will be $30,000 each year for four years, with the first tuition payment due 18 years from today. • How much do you need to deposit today in a bank account that earns 6% annual interest from now through the end of your child’s college education so that you will have enough money to meet all the tuition payments?

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Financial Management: You are saving for your childs college education tuition

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Financial Management: You are saving for your childs college education tuition

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