QUESTION IMAGE
Question
tara and her parents want to save at least $40,000 for college in 8 years. which statement describes the most effective savings plan for tara and her parents to meet their goal?
- tara and her parents should make deposits of $300 every month into a college savings account.
- tara and her parents should make deposits of $450 every month into a college savings account.
- tara and her parents should make deposits of $3,000 every year into a college savings account.
- tara and her parents should make deposits of $4,000 every year into a college savings account.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
Tara and her parents should make deposits of $450 every month into a college savings account.
Tara and her parents should make deposits of $4,000 every year into a college savings account.