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Andrews [41]
3 years ago
7

A family wants to be able to give their child $5,000 per year for 4 years of college. The child will leave for college in 8 year

s, at which point the family will stop contributing to the college fund. How much money should be set aside each year on the child's birthday in order to follow through with this plan
Business
1 answer:
LUCKY_DIMON [66]3 years ago
5 0

Answer:

$2500

Explanation:

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Option (D) is correct.

Explanation:

Given that,

In 2016,

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Therefore,

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