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Suppose that a family wants to start a college fund for their child. if you invest in an account that pays 5.5% and want the fund to have a value of $53,000 after 18 years, how much should you deposit
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45 votes
Suppose that a family wants to start a college fund for their child. if you invest in an account that pays 5.5% and want the fund to have a value of $53,000 after 18 years, how much should you deposit monthly? assume an annuity due. a. $142.98 c. $143.49 b. $143.30 d. $145.52

User Farinha
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12 votes
12 votes

Answer:

C. $143.49

Step-by-step explanation:

User Colithium
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