Problema couple is saving for their newborn daughters, Ask an Expert

Accounting

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A couple is saving for their newborn daughter's college education. She will need $25,000 per year for four-year college program, which she will start when she is 17.

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Question: What uniform deposits starting 3 years from now and continuing through year 16 are needed, if the account earns 6% interest?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91168724

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