NEED A PERFECT PAPER? PLACE YOUR FIRST ORDER AND SAVE 15% USING COUPON:

4.8/5

solution

Wendell, who celebrates his 2nd birthday today, will begin college at age 18. Wendell’s parents, Simon and Naomi, want to begin a college education savings program for Wendall. Currently, college costs are $30,000 per academic year The couple assumes that college costs will increase at a rate of 3% annually from now until Wendell enters college. They also assume they can achieve an after-tax rate of return of 7.5% annually on funds earmarked for this goal. They expect Wendell will attend college for 4 years. What is the payment that must be made at the end of each year until he enters college at age 18?

A) $6,218

B) $6,167

C) $6,096

D) $5,542

Solution:

15% off for this assignment.

Our Prices Start at $11.99. As Our First Client, Use Coupon Code GET15 to claim 15% Discount This Month!!

Why US?

100% Confidentiality

Information about customers is confidential and never disclosed to third parties.

Timely Delivery

No missed deadlines – 97% of assignments are completed in time.

Original Writing

We complete all papers from scratch. You can get a plagiarism report.

Money Back

If you are convinced that our writer has not followed your requirements, feel free to ask for a refund.

WeCreativez WhatsApp Support
Our customer support team is here to answer your questions. Ask us anything!