Business
Business, 05.05.2020 04:12, astultz309459

You want to provide spending money for your 4 year old during their college years. You can afford to deposit $600/year for the next 4 years (starting this year). You would like to give your child $4,000 per year for in their 18th, 19th, 20th, and 21st birthdays for a total of $16,000. Assuming 5% interest, what uniform annual investment will you have to make on the child's 8th through 17th birthdays to meet this goal

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