Annuities: Today, you have become a new mother and you have invested 3,000 in a trust fund. You think it would be a great idea to use this as the…

Annuities: Today, you have become a new mother and you have invested £3,000 in a trust fund. You

think it would be a great idea to use this as the basis for saving for your child’s future. You

believe in private schooling and so you want to put aside a certain amount each year to pay for

your child’s primary schooling (ages 5-11), secondary schooling (ages 12-17) and university

tuition (ages 18-22). Private primary schooling costs £8,000 per year and private secondary

schooling costs £9,000 per year. If your child gets into university, the fees and maintenance will

be in the region of £15,000 per year. Your child will start school 5 years from now and you plan

to deposit money every year in the trust fund starting one year from now. The annual percentage

rate you have been quoted by the government is 4.5 per cent. How much money must you deposit

in an account each year to fund your child’s education? You will make your last deposit when

your child enters university.

Show more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 10% with the coupon code: best10