Question

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Tara and her parents want to save at least $40,000 for college in 8 years. Which statement describes the most
effective savings plan for Tara and her parents to meet their goal?
Tara and her parents should make deposits of $300 every month into a college savings account.
Tara and her parents should make deposits of $450 every month into a college savings account.
Tara and her parents should make deposits of $3,000 every year into a college savings account
Tara and her parents should make deposits of $4,000 every year into a college savings account

Answer 1

B: Tara and her parents should make deposits of $450 every month into a college savings account.

Step-by-step explanation:

Answer 2

Answer: B

Step-by-step explanation: