Question: You have decided to save $2,000 per year for your child's college fund. If you are starting with nothing, how much will your child have

You have decided to save $2,000 per year for your child's college fund. If you are starting with nothing, how much will your child have in her college fund at 18 if you get an 8.5% return?

Select one:

a. Less than $60,000

b. Between $60,000 and $65,000

c. Between $65,000 and $70,000

d. Between $70,000 and $75,000

e. Greater than $75,000

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