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= Homework: Chapter 4 HW Question 19, 4.C.23 Use the savings plan formula to answer the following question. Your goal is to create a college

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= Homework: Chapter 4 HW Question 19, 4.C.23 Use the savings plan formula to answer the following question. Your goal is to create a college fund for your child. Suppose you find a fund that offers an APR of 6%. How much should you deposit monthly to accumulate $89,000 in 12 years? C You should invest $ each month. (Do not round until the final answer. Then round to two decimal places as needed.) HW Score: 46.67%, 14 of 30 points O Points: 0 of 1

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