Identify other factors and explain how they may prevent you from investing, the money you would like to be able to invest, in your child’s college fund.
Use the first part to answer the questions below.Go to https://www.salaryexpert.com/salary/browse/jobs/(for career information)• Type in the Search bar to locate my career choice : type: Business Administrator1. Find the annual median salary from the website.• Median annual salary: 106,793/yr2.In a one-page typed summary• Is the amount of money needed, calculated in #3, something your future position can support, based on your expected median salary in your future position? Explain.• Identify other factors and explain how they may prevent you from investing, the money you would like to be able to invest, in your child’s college fund.• If you cannot accumulate the $100,000 you have estimated that will be needed to fund their education, what alternative strategy/plan is there to make up the shortfall of funds?
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