bessammuqbel bessammuqbel
  • 23-02-2021
  • Mathematics
contestada

At your child's birth, you begin contributing monthly to a college fund. The fund pays an APR of 4.1% compounded monthly. You figure your child will need $40,000 at age 18 to begin college. What monthly deposit is required? (Round your answer to the nearest cent.)

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nmoore0409
nmoore0409 nmoore0409
  • 23-02-2021

Answer:

$185.19

Step-by-step explanation:

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