SOLUTION: Today Dante and Sharon had their first child and they want to begin saving for their child’s education. With all the expenses of having a new child they feel they can only affor
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Question 1160467: Today Dante and Sharon had their first child and they want to begin saving for their child’s education. With all the expenses of having a new child they feel they can only afford to put away $75 a month but they plan to continue doing so until the child turns 18. They are budgeting for an interest rate of 3.2%, compounded monthly. Answer by ikleyn(52802) (Show Source):
