Any Finance or Accounting Students on Basil?
I need help with few questions =[ <3
December 22, 2010
Any Finance or Accounting Students on Basil?
I need help with few questions =[ <3
4 Comments • Newest first
well this is my question if anyone can help me =[
Design a college savings plan for your 3 year old daughter. You want to save enough to cover 4 years of tuition payments at $11,000 per year (withdrawn at the beginning of each year). You also want to gift her $5,000 when she graduates from college. This gift should also be included in the savings plan, but won't be given until the very end. You will make the first tuition payment when she is 18 years old (in 15 years). You will invest the money in an account earning a guaranteed 4% annual rate of return. What does the account balance have to be just before you write out the first tuition check (what is your savings goal)?
Provide a POSITIVE answer.
$ ?
Please enter 2 digits after the decimal point.
sigh so many basilers in college and no one in accounting or finance field besides me? D=
[quote=FarmerRed]Finance... just an excuse for dead birds to try and fly once more.[/quote]
why would you say something unnecessary, if you dont have anything to say then dont post.
Accounting 2 but I suck.