Search
Ask a question
0 0

Future Value Annuity/Lump Sum Question

Kerry wants to set aside $50,000 within the next 5 years for Logan's college education and $90,000 within the next 11 years for Liliana's college education. 
 
Assuming she can earn 4% after taxes on the college funds, how much of the $100,000 she has from Chad’s life
insurance proceeds would Kerry have to set aside for Logan and Liliana’s college educations?

No answers ... yet!