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Today is your birthday and you decide to start saving for college. Up I wo;; negotiations cp;;edge pm umpire 18th birthday and you will need $4,000 per year at the end of each of the next 4 years.

You will make an identical deposit each year up to and including the year you begin college.

All your money will earn 12% interest including the time you are in college.

If a deposit of $2,542 will allow you to reach your goal how old are you now? Must shoe all work

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92866890

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