Corporate Finance Assignment/ Professional Essay Writers
May 27th, 2020
You are saving for your child's education since you did not participate in the Texas Tomorrow Fund. Your child is turned one today. Starting next quarter, you will deposit $500 every quarter until your child turns 17. Your last payment will be in his 17th year. You can withdraw $X very year starting his 18th birthday for 4 years, the first payment on his 18th birthday. Assuming you have invested your money in an account is provides a 10% return and the interest is compounded daily (365 days).
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