SOLUTION: ). It is expected the children will live at home when they go to school and tuition, books, and transportation at this time is $7,700 per year. Sally will start school exactly 11 y
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Question 1086121: ). It is expected the children will live at home when they go to school and tuition, books, and transportation at this time is $7,700 per year. Sally will start school exactly 11 years from now and Nico will start in exactly 9 years from now. Education inflation is expected to be 4% per year and their RESP investment is expected to generate 5.5% per year. Tony and Maria will make monthly contributions. The children will attend 4 years of university. Answer by ikleyn(52776) (Show Source):