FIN 3325 - Monte wants to save for his daughters college education.

FIN 3325 - Monte wants to save for his daughters college education.

Question # 00499226 Posted By: katetutor Updated on: 03/11/2017 06:57 AM Due on: 03/11/2017
Subject Finance Topic Finance Tutorials:
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Monte wants to save for his daughters college education. He would like to have $85,000 in 15 years. If Monte can earn an average of 8.5% on this fund, how much would he need to deposit in the account today to meet his goal?


B. If Monte has no money to set aside now but wants to save at the end of each month for his goal, how much would he need to add to the account each month?

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    Tutorial # 00495818 Posted By: katetutor Posted on: 03/11/2017 06:58 AM
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