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Business, 10.10.2019 19:00 Deliriousg636
Your oldest daughter is about to start kindergarten in a private school. tuition is $ 20 comma 000 per year, payable at the beginning of the school year. you expect to keep your daughter in private school through high school. you expect tuition to increase at a rate of 6 % per year over the 13 years of her schooling. what is the present value of your tuition payments if the interest rate is 6 % per year? how much would you need to have in the bank now to fund all 13 years of tuition?
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Your oldest daughter is about to start kindergarten in a private school. tuition is $ 20 comma 000 p...
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