Business, 12.03.2021 15:20 taylahflynn5123

Otto is planning for his son's college education to begin ten years from today. He estimates the end-of-the-year tuition, books, and living expenses to be $10,000 per year for a four-year degree. How much must Otto deposit today, at an interest rate of 12 percent, for his son to be able to withdraw $10,000 per year for four years of college

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Otto is planning for his son's college education to begin ten years from today. He estimates the end...