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27) Congratulations, you just had a baby girl today! You now establish a college fund for her that you hope will grow to $500,000 in value on her 18th birthday. How much will you need to invest in the fun each year if your investments grow at an annual interest rate 8%? 28) You set up a college fund in which you pay $5,000 each year at the beginning of the year. How much money (in S) will you have accumulated in the fund after 21 years, if your fund earms 10% compounded annually?

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Glaulhoner Ann ors Sun [า-tty.tal 」 Am οι Cultvation of mind should be the ultimate alm of human exstence lRR

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