Sam has some upcoming expenses for his children’s weddings. …
Sam has some upcoming expenses for his children’s weddings. His daughter is getting married in 2 years and it will cost $[wed1] in today’s dollars. His other daughter gets married 2 years later and it will cost $[wed2] in today’s dollars. Assume he can earn [inv]% on his investments and inflation will be [inf]%. How much must he put aside today to cover these costs?
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