Homework Clinic

Social Science Clinic => Business => Finance => Topic started by: Mr. Wonderful on Nov 11, 2019

Title: Selena wants to have enough funds to cover $13 000 per year for four years of her daughter's ...
Post by: Mr. Wonderful on Nov 11, 2019

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

Title: Selena wants to have enough funds to cover $13 000 per year for four years of her daughter's ...
Post by: vish98 on Nov 11, 2019

$48 872

Title: Re: Selena wants to have enough funds to cover $13 000 per year for four years of her daughter's ...
Post by: Ushara Perera on Aug 10, 2023

thanks