Keith stone has 10-year old daughter, kate, who will be entering college in 8 years. keith estimate college costs to be $16,000 $17,000, $18,000 and $19,000 payable at the beginning of each of kate’s four years in college. he has $2,000 in his account and intends to leave it there for the next 8 years. how much more must keith save each year (assume end of the year payments) for each of the next 8 years to have enough savings to pay for his daughter? assume keith can earn 9% on his savings.
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Keith stone has 10-year old daughter, kate, who will be entering college in 8 years. keith estimate...
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