A client plans to send a child to college for four years starting 18 years from now.

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 A client plans to send a child to college for four years starting 18 years from now.
  • A client plans to send a child to college for four years starting 18 years from now.

  • Answers • 5 pages • 2019
  • 1) A client invests $500,000 in a bond fund projected to earn 7 percent annually. Estimate the value of her investment after 10 years. 2) A client has agreed to invest $100,000 one year from now in a business planning to expand, and she has decided to set aside the funds today in a bank account that pays 7 percent compounded quarterly. How much does she need to set aside? 3) A couple plans to set aside $20,000 per year in a portfolio projected to earn 7 percent a year. If they make their first s...
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