How much do you need to save every month

Reference no: EM133269741

Question - You want to plan to provide for 4 year college expenses for two children. Assume that the first child will be college going in 16 years and the other in 12 years. College tuition is 30,000 per year and tuition inflation is around 4%. How much do you need to save every month if the rate of return on your investments is 7%?

Reference no: EM133269741

Questions Cloud

What are the 2 inputs to that and gate : In a D Flip Flop used as a 4-bit register, the clock is controlled with an AND gate.

What is the equipment''s after-tax net salvage value : FIN 510 DeVry University, Chicago What is the equipment's after-tax net salvage value? Enter your answer in dollars. For example, an answer of $1.2 million

Calculate the batting average of a baseball player : Design an application (BattingAve) that calculates the batting average of a baseball player over a number of games. A batting average is calculated by dividing

Explain functional and non-functional requirements : 'Functional requirements view: It emphasizes the functional requirements of the system from the user's point of view. Includes use case diagrams''. Functional r

How much do you need to save every month : You want to plan to provide for 4 year college expenses for two children. How much do you need to save every month

Can you list the elements of fraud : FIN 2100 Broward College Provide a summary of one to 3 paragraphs on the complaint procedures for fighting frauds and scams? Be sure to include your references

Describe how the tree was constructed : Heapify the following numbers to show a heap tree in top-down method

Build a real kingdom : He bought a number ??of very small deserted islands that are very close to each other (any two islands are swimming distance away). To build a real kingdom, Shi

What is their net income at the end of the month : ACCOUNTING ACG6135 University of Central Florida What is their net income at the end of the month? What are their Total Assets at the end of the month?

User Account

All Pages