# Assuming a rate of return of 8%, calculate the monthly savings needed for education assuming that savings

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## Question:

Assuming a rate of return of 8%, calculate the monthly savings needed for education assuming that savings will continue until the children's college education is completed.

**Related Book For**

## Fundamentals of Investing

ISBN: 978-0133075359

12th edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk