Chemistry, 24.09.2019 21:00, helpme6191
Aman wishes to set aside some money for his son's college expenses and a graduation present. $ 8,000/yr would be drawn from the fund on the son's 18th, 19th, 20th birthday and $ 15,000 will be drawn on his 21 birthday. how many dollars per year should the man deposit to the fund? the man is going to make the first deposit on his son's 5th birthday and the last on his 15th birthday. the deposits would be for equal amounts and the money in the fund compounds 5% per year.
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Aman wishes to set aside some money for his son's college expenses and a graduation present. $ 8,000...
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