He calculates that he will need 80000 for his sons, Finance Basics

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He calculates that he will need 80000 for his sons

Dr. I. N. Stein has just invested $10,000 for his son (age one). The money will be used for his son's education 17 years from now. He calculates that he will need $80,000 for his son's education by the time the boy goes to school. What rate of return will Dr. Stein need to achieve this goal?

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Finance Basics: He calculates that he will need 80000 for his sons

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Finance Basics: He calculates that he will need 80000 for his sons

Reference No:- TGS0613478

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

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Finance Basics: He calculates that he will need 80000 for his sons

Reference No:- TGS0613478

Recent Questions Asked Finance Basics

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