{"id":101979,"date":"2021-01-19T12:54:23","date_gmt":"2021-01-19T12:54:23","guid":{"rendered":"https:\/\/essayparlour.com\/paperhelp\/?p=101979"},"modified":"2021-01-19T12:54:23","modified_gmt":"2021-01-19T12:54:23","slug":"order-the-answer-to-a-man-wishes-to-set-aside-some-money","status":"publish","type":"post","link":"https:\/\/essayparlour.com\/paperhelp\/business-economics-2\/order-the-answer-to-a-man-wishes-to-set-aside-some-money\/","title":{"rendered":"Order the answer to: A man wishes to set aside some money"},"content":{"rendered":"<table style = 'table-striped table-bordered table-hover' responsive='true'>\n<tr>\n<th>Question<\/th>\n<td>A man wishes to set aside some money for his daughter&#8217;s college education. His goal is to have a bank savings account containing an amount equivalent to $20,000 with today&#8217;s purchasing power of the dollar, at the girl&#8217;s 18th birthday. The estimated inflation rate is 8%. If the bank pays 5% compounded annually, what lump sum of money should he deposit in the bank savings account on the child&#8217;s 4th birthday?<\/td>\n<\/tr>\n<tr>\n<th>Subject<\/th>\n<td>business-economics<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Question<br \/>\nA man wishes to set aside some money for his daughter&#8217;s college education. His goal is to have a bank savings account containing an amount equivalent to $20,000 with today&#8217;s purchasing power of the dollar, at the girl&#8217;s 18th birthday. The estimated <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[],"class_list":["post-101979","post","type-post","status-publish","format-standard","hentry","category-business-economics-2"],"_links":{"self":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts\/101979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/comments?post=101979"}],"version-history":[{"count":1,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts\/101979\/revisions"}],"predecessor-version":[{"id":101980,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts\/101979\/revisions\/101980"}],"wp:attachment":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/media?parent=101979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/categories?post=101979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/tags?post=101979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}