Richard cliett is creating a college investment fund

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Richard Cliett is creating a college investment fund for his granddaughter. He will put in $850 per year for the next 15 years and expects to earn an 8% annual rate of return. How much money will his granddaughter have when she starts college? 

Reference no: EM13773272

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Richard cliett is creating a college investment fund : Richard Cliett is creating a college investment fund for his granddaughter. He will put in $850 per year for the next 15 years and expects to earn an 8% annual rate of return. How much money will his granddaughter have when she starts college?
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