You would like to give your daughter $50,000 towards her college education 15 years from now. How much money must you set aside today for this purpose if you can earn 9% on your
Investments?
A) $12,250.00
B) $12,989.47
C) $13,726.90
D) $14,008.50
E) $14,211.11

Question

Quizplus · Accepted Answer

The Answer of You would like to give your daughter $50,000 towards her college education 15 years from now. How much money must you set aside today for this purpose if you can earn 9% on your
Investments?
A) $12,250.00
B) $12,989.47
C) $13,726.90
D) $14,008.50
E) $14,211.11

You Would Like to Give Your Daughter $50,000 Towards Her