Alan and Angel Young both 36 years old My Young recently accepted a job making...
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Accounting
Alan and Angel Young both 36 years old
My Young recently accepted a job making $93K a year
Mrs. Young currently unemployed
Two children (ages 4 & 2)
Calculate the PV of each childs college education (Use real vs nominal approach) Current cost of education $35K in todays dollars with expected 5% inflation. Expect children in school six years each and expect rate of return 8.5%
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