Register
How much money do you need to deposit monthly into a college fund for your new baby in order to have $150.000 by the time they are 18 years old if you earn 6% annual interest?
193k views
16 votes
How much money do you need to deposit monthly into a college fund for

your new baby in order to have $150.000 by the time they are 18 years
old if you earn 6% annual interest?

User ATMathew
by
5.3k points

1 Answer

12 votes

Answer:

im guessing its supposed to be 150,000 so it would be $1,656.25 per month

Explanation:

User Safia
by
6.3k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.7m questions

7.4m answers

Other Questions

Evaluate a + b when a = –16.2 and b = –11.4 A. –27.6 B. –4.8 C. 4.8 D. 27.6
What is the value of x? (-4) - x = 5
Can someone help me with 5??? ASAP?
Solve for h 3h=7(2/7-3/7h)-10
1/7 + 3/14 equivalent fractions
Link Copied!