167k views
1 vote
PLEASSSSSSEEEEEEEEE HELPPPPPPPPP !!!!!! Tyler begins funding a college education for his son. He saves $1000 the first year. Each year he saves 5% more than the previous year. How much money will be in the college fund at the end of 18 years?

User Apprentice
by
6.2k points

2 Answers

6 votes
He will save $1850 in the college fund at the end of 18 years. Hope it help!
User Chandrahasan
by
6.1k points
3 votes
I believe this would be $2,292.02 saved after 18 years
User BiNZGi
by
6.7k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.