You are able to save $2,500 from year 4 through year 10 at the
beginning of each
year (inclusive). You have two children who will be attending
college at a cost of
$15,000 per year starting in year 28 and continuing through
year 35, inclusive.
You will inherit $25,000 in year 25. When you retire in year
47, you will need
$60,000 per year for 20 years.
If you will be able to receive 3% from now through year 30
(inclusive) and 4.5%
beginning in the January of year 31 and thereafter
(inclusive), how much must
you save from year 8 through year 46 (inclusive) to reach your
needs?
plz asap and show work
thank you