Jim is 24 and earns 62,000 a year. He wishes to invest for his daughters college education, which is 18 years away.

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ChaunceyJ19 ChaunceyJ19

19-09-2017
Mathematics

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Jim is 24 and earns 62,000 a year. He wishes to invest for his daughters college education, which is 18 years away.

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yellowcoco123 yellowcoco123 · Answer 1 · 2017-09-19T20:35:09+02:00

yellowcoco123 yellowcoco123

19-09-2017

Jim will be 42 by the time his daughter enters college, If Jim continues to save up his earning of 62k a year by the time his daughter is 18, he would have saved up to 1M,160k.

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