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Author Question: Selena wants to have enough funds to cover $13 000 per year for four years of her daughter's ... (Read 494 times)

Mr. Wonderful

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Selena wants to have enough funds to cover $13 000 per year for four years of her daughter's university expenses and will need the money at the beginning of each year. If her funds get an annual return of 4.3 percent, how much would she need to have in the account when her daughter starts university?
$48 764
$52 000
$46 857
$48 872


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Marked as best answer by Mr. Wonderful on Nov 11, 2019

vish98

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