Use the Information for the Question(s)below

question 3

Essay

Use the information for the question(s)below.
Suppose that a young couple has just had their first baby,a daughter,and they wish to ensure that enough money will be available to pay for her college education.Currently,college tuition,books,fees,and other costs,average $12,500 per year.On average,tuition and other costs have historically increased at a rate of 4% per year.
-Assume that college costs continue to increase an average of 4% per year and that all her college savings are invested in an account paying 7% interest.Draw a timeline that details the amount of money she will need to have in the future for each of her four years of her undergraduate education.

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Pneumonia

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Unplanned and unexpected events that cause injury or damage, typically occurring due to a lack of caution or unforeseen circumstances.

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The latter stage of the human lifespan, characterized by declines in physical and sometimes cognitive function, and often involving retirement from work and increased health care needs.

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