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Other Fields Homework Help Management Topic started by: mantparn on Mar 6, 2017



Title: Thelma is planning for her son's college education to begin five years from today. She estimates ...
Post by: mantparn on Mar 6, 2017
Thelma is planning for her son's college education to begin five years from today. She estimates the yearly tuition, books, and living expenses to be $5,000 per year for a four-year degree, assuming th expenses incur only at the end of the year. How much must Thelma deposit today, at an interest rate of 8 percent, for her son to be able to withdraw $5,000 per year for four years of college?
A) $20,000
B) $13,620
C) $39,520
D) $11,270


Title: Re: Thelma is planning for her son's college education to begin five years from today. She ...
Post by: alovely on Mar 6, 2017
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Title: Re: Thelma is planning for her son's college education to begin five years from today. She estimates ...
Post by: mantparn on Apr 29, 2017
Whoa I needed this :D


Title: Re: Thelma is planning for her son's college education to begin five years from today. She ...
Post by: Kristina Marie Stumps on Feb 8, 2020
thank you


Title: Re: Thelma is planning for her son's college education to begin five years from today. She ...
Post by: M Gueco on Jun 29, 2020
thanks


Title: Re: Thelma is planning for her son's college education to begin five years from today. She ...
Post by: Jahnavi Joshi on Sep 19, 2020
thansk


Title: Re: Thelma is planning for her son's college education to begin five years from today. She ...
Post by: Taheara Michelle Sequeira on Nov 3, 2020
thank you


Title: Re: Thelma is planning for her son's college education to begin five years from today. She ...
Post by: dodgedude21 on Nov 6, 2020
awesome