asked 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?

asked
User ATMathew
by
8.0k points

1 Answer

12 votes

Answer:

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

Explanation:

answered
User Safia
by
9.2k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.