Relevance
• Just what is your question ?

• Log in to reply to the answers
• Make sure that you're the principle benefactor in their wills and maybe use your own resources in their untimely deaths.

• Log in to reply to the answers
• Anonymous
8 months ago

Neither do we because in spite of the ? at the end, it's not a question.

• Log in to reply to the answers
• Take out the 32000 that they're giving to the sister

138000

They're going to spend 10000 per year for 4 years while getting 8% per year in interest

138000 - 10000 = 128000

128000 * (1 + 0.08) = 128000 * 1.08 = 128000 + 10240 = 138240

138240 - 10000 = 128240

128240 * 1.08 = ‭138499.2‬0

138499.20 - 10000 = 128499.20

128499.20 * 1.08 = ‭138779.14

138779.14 - 10000 = 128779.14

128779.14 * 1.08 = ‭139081.47

They're going to spend 29780 per year sending you to college.

(139081.47 - 29780) * 1.08 = ‭118,045.5876‬ = 118045.59

(118045.59 - 29780) * 1.08 = ‭95,326.8372‬ = 95326.84

(95326.84 - 29780) * 1.08 = ‭70,790.5872‬ = 70790.59

(70790.59 - 29780) * 1.08 = ‭44,291.4372‬ = 44291.44

(44291.44 - 29780) * 1.08 = ‭15,672.3552‬

Looks like you can manage 5 full years.

• Log in to reply to the answers
• Log in to reply to the answers