Check my way 27 1 Jamie Lee knows how hard it is to go to school, take on debt and try to further dreams. Her sister Rebecca, recently had a baby named Alexis Jamie Lee would like to set aside a small amount per month towards Alexis's education expenses, James this will not cover all of the costs but she wants to be in a way Alle researching college costs and investment, Jomt te has the following intomation: Current cost of college education: $20,000 per year (Alexis will attend college in 18 years for years) Expected annuaflation: 2 Expected rate of return on investment 10% Use the table below to determine the estimated deposit needed to achieve the education fund. Use A Est.) Estimated Cost of College Education Current cost of college education including on to and the expens Your chingcoffee Expected Future Value actor use Ext 1 Ain Cha) Projected future cost of college adjusted for inflation Estimated Annual Savings Needed Poted ture cost of custod foton Years un starting college Expedient of return on sags and investments Foreve of a sors of deposits factors Exhin Chapter 1 Arpenda Estimated deposit to achieveded educational fund