How much would school fees be when goes to australia

Reference no: EM131965424

Question: Datin wishes to consult you for a professional finance solution. She wishes to send her son to an Australian university that charges total school fees of $80,000 for the program this year and she also understands that university fees increase by 5% each year. Her son is 10 years old now and should only go to university when he is 18. How much would his school fees be when he goes to australia? If deposit in Datin 's bank account grows at 6 % each year, how much should datin save every yearto accumulate this amount by the time her son goes to university?

Reference no: EM131965424

Questions Cloud

Calculate the company cost of equity capital : David Ortiz Motors has a target capital structure of 30% debt and 70% equity. The yield to maturity on the company's outstanding bonds is 11%.

Computing the current share price of the stock : DBP Inc. just paid a dividend of $2.50. The expected growth rate of dividend is 5 percent. The required return for investors in the first three years.

What day does this stock begin trading ex? dividend : What? change, if? any, would you expect in the price per share when the stock begins trading on the? ex-dividend day?

How you wish to undertake your presentation : It is entirely up to you as to how you wish to undertake your presentation and what you wish to include. Evaluating Mobile Device Management Systems.

How much would school fees be when goes to australia : Datin wishes to consult you for a professional finance solution. She wishes to send her son to an Australian university that charges total school fees.

Explain what options sandra sharp clothes has : Explain what options Sandra Sharp Clothes has and discuss how you think that Sandra Sharp Clothes should proceed.

Current culture in the twenty-first century : What new ideas and scientific explorations shape our current culture in the twenty-first century?

Compute the current price of the bond : Katie Pairy Fruits Inc. has a $3,400, 13-year bond outstanding with a nominal yield of 15 percent (coupon equals 15% × $3,400 = $510 per year).

Compare and contrast standard computer machines : Compare and contrast standard computer machines and gaming (video games) computers.

User Account

All Pages