Carrie is saving money now so that she will be able to help her kids with college. She has found an annuity that is paying 3% per year.

If she deposits 85.00 each month for the next 17 years how much will be in the account

She wants to have atleast 45000.00 how much should she deposit each month to reach her goal

She decides to deposit 170.00 each month how much will she have deposited In total

Instead of using annuity she is thinking of opening a savings account that pays 3% per year compounded monthly how much would she have to deposit making only one deposit today to reach her goal