Geo777
04.11.2020 •
Mathematics
College Costs The average annual cost of college at 4-year
private colleges was $31,231 in the 2014-2015 academic
year. This was a 3.7% increase from the previous year.
Source: The College Board
(a) If the cost of college increases by 3.7% each year, what
will be the average cost of college at a 4-year private
college for the 2034–2035 academic year?
(b) College savings plans, such as a 529 plan, allow individuals to put money aside now to help pay for college later. If one such plan offers a rate of 2%
compounded continuously, how much should be put in a college savings plan in 2016 to pay for 1 year of the cost of college at a 4-year private college for an incoming freshman in 2034?
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Ответ:
what's most likley to be chosen?
Step-by-step explanation:
It would probably be an anonymous decision, it would be who's most likley i believe.