Holly wants to have 200000 to send a recently born child to


Holly wants to have $200,000 to send a recently born child to college. She sets up a 529 Plan and wants to know how much she must invest at the end of each year for the next 18 years if the funds can earn 5%. If she can earn 7%, how much less will she have to invest each year?

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Financial Management: Holly wants to have 200000 to send a recently born child to
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