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- In anticipation of the immense college expenses, Joe and Jill started an annual investmen...

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- In anticipation of the immense college expenses, Joe and Jill started an annual investmen program on their child's eighth birthday that will last until the eighteenth birthday. They plan to invest the following amounts at the beginning of each year: Year Amount ($) 1 2000 2 2000 3 2500 4 2500 5 3000 6 3500 7 3500 8 4000 9 4000 10 5000 To avoid unpleasant surprises, they want to invest the money safely in the following options: insured savings with 7.5% annual yield, 6-year government bonds that yield 7.9% and have a current market price equal to 98% of face value, and 9-year municipal bonds yielding 8.5% and having a current market price of 1.02 of face value. How should the money be invested

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