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Plan for the benefit of new grandchild

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Reference no: EM131701660

?Min-Jun and? Min-Suh want to contribute ?$120 comma 000 120,000 to a 529 plan for the benefit of their new grandchild. If done shortly after the birth of the? child, with a 8.00

8.00 percent annual return and no other? contributions, what will the account be worth when the child is 18 and ready to enter? college? Click on the table icon to view the FVIF table LOADING...

When the child is 18 and ready to enter? college, the account will be worth ?$ nothing. ?(Round to the nearest? cent.)

Reference no: EM131701660

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