For my oldest son, Timmy, my wife and I each put $25 per paycheck into a college fund that earns 9.5% per year. We are

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answerhappygod
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For my oldest son, Timmy, my wife and I each put $25 per paycheck into a college fund that earns 9.5% per year. We are

Post by answerhappygod »

For my oldest son, Timmy, my wife and I each put $25 per
paycheck into a college fund that earns 9.5% per year. We are
both paid bi-weekly (every 2 weeks), and started saving exactly 2
weeks after he was born. How much will he have for college
when he turns 18?
Please show work.
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