asked 109k views
3 votes
Helppp!!! Martha is planning to attend a college with a $14,000.00/year tuition. How much will

Martha need to save every month starting today in order to pay for a year of college
tuition three years from now at an average inflation rate of 3%, if her bank offers 2%
in compound interest?

O $1,590.00
O $1,255.00
$300.00
0 $3,000.00

asked
User Fecosos
by
7.9k points

1 Answer

6 votes
300.00$ the answer of this question
answered
User Anmol
by
9.3k points
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