Assume the total cost of a college education will be $220,000 when your child enters college in 17 years. You currently have $15,000 in an educational savings account that earns 5% APR with annual compounding (acct.\#1) for your child. In addition to this savings account (acct.\#1), you plan to make mpnthly contribution to another account (acct. 22 ) that earns 6% APR. How much must you put into acct. \#2 every month (starting the end of this month) in order for you to achieve your goal (i.e. having a grand total of $220,000 from both acct.\#1 \& acct. \#2) in 17 years? $365.27 $465.53 $525.49 $621.33 $632.52