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I've asked this question before, but I still don't understand it. Do you mind showing me your step by step solution

 

Stefania’s parents calculate that they will need $7500 every 3 months for 4 years to pay for Stefania’s college. They have 18 years until she is college age. How much should they invest every 3 months at 6.4%/a compounded quarterly for the next 18 years if they plan to withdraw $7500 per quarter for the 4 years after that?

 

Thanks in Adavnce 

Julius  Jun 15, 2017
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2+0 Answers

 #1
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It just got answered under your first post. Did you look there?

Guest Jun 15, 2017
 #2
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Deleted post

Guest Jun 15, 2017
edited by Guest  Jun 15, 2017

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