The parents of a child wish to establish a trust fund for the child's college education.If they need an estimated $80,000 5 years from now and they are able to invest the mo pounded continuously in the interim, how much should they set aside in trust now?

Question

The parents of a child wish to establish a trust fund for the child's college education.If they need an estimated $80,000 5 years from  now and they are able to invest the mo  pounded continuously in the interim, how much should they set aside in trust now?

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The Answer of The parents of a child wish to establish a trust fund for the child's college education.If they need an estimated $80,000 5 years from  now and they are able to invest the mo  pounded continuously in the interim, how much should they set aside in trust now?

The Parents of a Child Wish to Establish a Trust