Question: Ruby is expecting her first child next month and would like to have $80,000 saved for university education when the child turns 17. If Ruby

Ruby is expecting her first child next month and would like to have $80,000 saved for university education when the child turns 17. If Ruby can get a 7 percent annual return on the education savings for her child, approximately how much does she need to start saving at the end of each month once the baby is born?

$210

$2594

$205

$216

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