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Write a 1 page essay on Unit 5 Discussion Board Algebra.This is because as the college education cost grows the invested amount will also grows.In conclusion, a grandmother, who has $50,000 to invest,
Write a 1 page essay on Unit 5 Discussion Board Algebra.
This is because as the college education cost grows the invested amount will also grows.
In conclusion, a grandmother, who has $50,000 to invest, is looking for a plan to finance her new grandchild’s college education. The investment plan selected is 60 months U.S. Bank Certificate of Deposit @1.39%, compounded quarterly. The future value of Grandma’s investment will be about $53,592.15 (5 years from now) and with this investment, she will be able to cover the cost in today’s dollars and also in future