TB 13-50 Your parents plan to invest $4,000 at the be... Given the following information...
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TB 13-50 Your parents plan to invest $4,000 at the be... Given the following information about financing plan for education of children: the parents plan to invest $4,000 at the beginning of each year for their grandchildren's education The rate of return on the investment is 3.5% compounded annually. . for the period of twelve years What will be the value of the education fund be after twelve years? Multiple Choice O $60,452.12 $60,854.12 $61,852.12 $64,452.12
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