Annuity problem-wintergreens


Problem: The Wintergreens are planning ahead for their son's education. He's eight now and will start college in 10 years. How much will they have to set aside each year to have $65000 when he starts if the interest rate is 7%?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Annuity problem-wintergreens
Reference No:- TGS02036035

Now Priced at $20 (50% Discount)

Recommended (93%)

Rated (4.5/5)