Question: how much do you need to deposit each month into a savings account that pays 3% APR in order to have 100,000 for your child

how much do you need to deposit each month into a savings account that pays 3% APR in order to have 100,000 for your child to use for college in 10 years ?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!