A college savings plan means that you have the tuition plan money saved up for college and a prepaid plan means that you pay as you go on throughout the courses
0.35m, you can see the proof in the picture attached to the answer.
Answer:
2.5% of $80,000=$2,000
The Smiths pay $2,000 in school taxes per year.
Explanation:
100%=$80,000
10%=$80,000(100%)/10=$8,000(10%)
5%=$8,000(10%)/2=$4,000(5%)
2.5%=$4,000(5%)/2=$2,000(2.5%)