A mother will make her son’s first $100.000 college tuition fee 12 years from now How much will she need to invest today to meet her fi

Question

A mother will make her son’s first $100.000 college tuition fee 12 years from now
How much will she need to invest today to meet her first tuition goal if the the
investment is expected to earn 10% per annum​

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Quinn 4 weeks 2021-08-18T07:31:04+00:00 1 Answer 0 views 0

Answers ( )

    0
    2021-08-18T07:32:51+00:00

    Answer:

    12000

    Step-by-step explanation:

    first the principle is 100 period is 12 rate is 10% find interest first principle multiply period multiply rate divide by 100 when the Answer is 12000

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