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QUESTION
I am setting up a fund for my son to go to college. I figure that he will need $50,000 by the time he is old enough to go to college. I found an...
I am setting up a fund for my son to go to college. I figure that he will need $50,000 by the time he is old enough to go to college. I found an account that pays 5.75% compounded monthly. How much will my monthly payment be to get my son setup for college in 17 years?
