Writing Effective Essays

Assumptions: The contributions earn a 10% pre-tax return. Your parents are in the 30% tax bracket. If they put the money in a 529 plan the earnings won't be taxed, so they will get the full 10% each year: FV = 416,646.75, PMT = 0, I/Y = 10, N = 26, so PV = $34,958.93. ................
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