Solved: Franklin templeton has just invested 9 260 for his son age, Finance Basics

+44 141 628 6080
[email protected]

Franklin templeton has just invested 9 260 for his son age

Franklin Templeton has just invested $9, 260 for his son (age one). This money will be used for his son's education 18 years from now. He calculates that he will need $71,231 by the time the boy goes to school. What rate of return will Mr. Templeton need in order to achieve this goal?

Solution Preview :

Prepared by a verified Expert

Finance Basics: Franklin templeton has just invested 9 260 for his son age

Reference No:- TGS02184568

Now Priced at $10 (50% Discount)

Recommended (96%)

Rated (4.8/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Finance Basics

Q : Use the graphical definition to find the marginal rate of

marginal rates of substitutiona suppose melindas utility function is given by ux y ln x ln y i draw an indifference

Q : Four years later she used the entire balance in her bank

beverly hills started a paper route o january 1 every three months she deposits 550 in her bank account which earns 8

Q : Nurs6351the role of the nurse educator is one that should

discussion response ethical and legal parameters for nurse educators respond to the discussionnbsp below using the

Q : Joc oil immediately offered to substitute a conforming

joc oil bought a cargo of fuel oil for resale the certificate from the foreign refinery stated the sulfur content of

Q : Franklin templeton has just invested 9 260 for his son age

franklin templeton has just invested 9 260 for his son age one this money will be used for his sons education 18 years

Q : Gen 499- describe at least two personal examples or events

assignmentimportance of becoming a global citizenprepare view the globalization what is happening to us video and read

Q : What is the present value of 140000 to be received after 30

what is the present value of 140000 to be received after 30 years with a 14 percent discount rate would the present

Q : Larsen denied having received that oral notification on

on march 17 peckham bought a new car from larsen chevrolet for 640085 during the first one and one-half months after

Q : A 30-year zero coupon bond is more subject to reinvestment

a 30-year zero coupon bond is more subject to reinvestment rate risk than a 30-year bond with annual coupon

1947328

Questions
Asked

3,689

Active Tutors

1438554

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

What are your most important goals right now

Write down your Top-5 goals. What are your most important goals right now? Spend a moment thinking about the most important people in your life.

Structural variables that affect the quality of programs

Structural variables that affect the quality of programs for infants and toddlers refers to features such as: Question Select one:

When resistance or relapse are experienced or expressed

When resistance or relapse are experienced or expressed, what particular question(s), wise counsel, action step(s), or biblical insight(s)

Child with slow-growing tumor in brain left hemisphere

Sierra is a child with a slow-growing tumor in her brain's left hemisphere. As this tumor has disrupted language processing,

Introduction for a mock research paper

How do i turn this into a introduction for a mock research paper? The COVID-19 pandemic has left a lasting impact on people from around the world.

What is the puzzle in the tomasello reading

In the Tomasello reading, what is the puzzle? Group of answer choices Causation: tool use and intelligence have a chicken-and-egg relationship.

What best describes the dreams within conflict intervention

Which of the following best describes the "Dreams Within Conflict" intervention? Review Later