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Author Question: The bottom line to a personal income statement is the contribution to savings figure. Indicate ... (Read 21 times)

asd123

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on: Jul 11, 2018
The bottom line to a personal income statement is the contribution to savings figure.
 
  Indicate whether the statement is true or false

Question 2

If you wish to accumulate 200,000 in the child's college fund after 18 years, and can invest at a 7.5 annual
  rate, how much must you invest at the end of each year if the first deposit is made at the end of the first year?
 
  What will be an ideal response?


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cpetit11

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Reply #1 on: Jul 11, 2018
Answer to Question 1

TRUE

Answer to Question 2

5,605.79


asd123

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Reply #2 on: Jul 11, 2018
TY


cpetit11

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Reply #3 on: Jul 11, 2018
Happy to Help


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