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4. College Savings Today's cost for a good college education including room, food and books runs approximately $100,000. If you have two kids ages 2
4. College Savings Today's cost for a good college education including room, food and books runs approximately $100,000. If you have two kids ages 2 and 4, how much will college be, assuming 2% inflation in 16 years? (a) In 14 years? (b) If you can earn 10% on your savings, how much should you save each month? (c) for the 2 year old? For the 4 year old? [Show all work)
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