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You set up a college fund in which you pay $3000 each year at the...

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You set up a college fund in which you pay $3000 each year at the beginning of the year. How much money (in %) will you have accumulated in the fund after 30 years, if your fund carns 10% compounded annually? Your Answer: Answer Question 9 (0.8 points) You are planning your retirement and you come to the conclusion that you need to have saved S1 million in 30 years. You can invest into an retirement account that guarantees you a 9% annual return. How much do you have to put into your account at the end of each year to reach your retirement goal? Your

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