Question: How much will they have in the 5 2 9 plan when their child starts college? Mike and Laura recently had their first child. They

How much will they have in the 529 plan when their child starts college?
Mike and Laura recently had their first child. They talked and both agreed that they want to help pay some of their
kid's college costs. They decide to deposit $135 a month into a 529 plan for the next 18 years. Assuming that they
can earn 9% annually, how much will they have in the 529 when their child starts college?
Answer:
How much will they have in the 5 2 9 plan when

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