3) The estimated cost of attendance (including room and board) to attend the Missouri S&T for...
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3) The estimated cost of attendance (including room and board) to attend the Missouri S&T for a resident non-freshman undergraduate taking 28 credit hours per year for the 2022- 2023 academic year is $34,266. a. Calculate the future per year cost of attending S&T in 18 years if the cost of attendance increases 3% per year. b. Starting at a child's birth, how much will you need to save per month to accumulate 80% of your child's cost of attendance for S&T? (what assumptions are your team going to make?) 3) The estimated cost of attendance (including room and board) to attend the Missouri S&T for a resident non-freshman undergraduate taking 28 credit hours per year for the 2022- 2023 academic year is $34,266. a. Calculate the future per year cost of attending S&T in 18 years if the cost of attendance increases 3% per year. b. Starting at a child's birth, how much will you need to save per month to accumulate 80% of your child's cost of attendance for S&T? (what assumptions are your team going to make?)
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Explanation If you want to save enough money to cover 80 of your ... View the full answer
Related Book For
Principles of Cost Accounting
ISBN: 978-1305087408
17th edition
Authors: Edward J. Vanderbeck, Maria Mitchell
Posted Date:
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