runjacks runjacks
  • 22-02-2021
  • Mathematics
contestada

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?

Respuesta :

bh3896
bh3896 bh3896
  • 22-02-2021

Answer:

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

Step-by-step explanation:

Answer Link

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