Jim is 24 and earns 62,000 a year. He wishes to invest for his daughters college education, which is 18 years away.

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asked Nov 9, 2018 57.8k views

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Hiergiltdiestfu · Answer 1 · 2018-11-15T20:01:27+0000

Jim will be 42 by the time his daughter enters college, If Jim continues to save up his earning of 62k a year by the time his daughter is 18, he would have saved up to 1M,160k.

Jim is 24 and earns 62,000 a year. He wishes to invest for his daughters college education, which is 18 years away.

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