Question: use the savings plan formula to answer the following question. your goal is to create a college fund for your child. Suppose you find a

use the savings plan formula to answer the following question.

your goal is to create a college fund for your child. Suppose you find a fund that offers an APR of 6%. How much did you deposit monthly to accumulate $90,000 in 17 years

Use the savings plan formula to answer the following question. Your goal is to create a college fund for your child. Suppose you find a fund that offers an APR of 6% How much should you deposit monthly to accumulate $90,000 in 17 years? You should invest $ each month. (Do not round until the final answer. Then round to two decimal places as needed.)

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