Answer:
The question is missing some details,find those details below:
Child Costs In 5 years
Birth to 5 years old $79,600
5 to 18 years old $145,700
4-year Public College $30,000
4-year Private College $120,400
A) $12,517
B) $4,422
C) $8,094
D) $15,714
The correct answer to the question is option D $15,714
Explanation:
The cost per year of raising a child from birth to 18 years and paying 4 years private college is calculated by adding together the cost of child raising from birth to 5 years plus the cost from 5 years to 18 years together with cost of 4-year private college,all divided the number of years involved (5+13+4)
=$79600+$145700+$120400/22 years
=$15714
Please note:
Birth to 5 years old 5
5 to 18 years old 13
4-year Private College 4
Total 22 years
