document.write( "Question 1131691: How much should parents invest on each of their child's first 18 birthdays to provide $25,000 per year for the next 4 years if the investment pays 4% interest? (See Example 8.) (Round your final answer to two decimal places.) \n" ); document.write( "
Algebra.Com's Answer #748701 by MathTherapy(10559)\"\" \"About 
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How much should parents invest on each of their child's first 18 birthdays to provide $25,000 per year for the next 4 years if the investment pays 4% interest? (See Example 8.) (Round your final answer to two decimal places.)
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Correct answer: If it's ANNUAL COMPOUNDING both ways, then they'll need to invest \"highlight_green%28matrix%281%2C3%2C+%22%243%2C538.54%22%2C+per%2C+year%29%29\" \n" );
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