Per the CSU website, the current annual cost of attending CSU for a full-time undergraduate student that is a Colorado resident is around $32,000. This number includes tuition, fees, housing, books, etc. Assume that you just adopted a baby and that want to set aside money to help the child pay for 1 year of college in 18 years. Assume you expect around 4% annual inflation for the next 18 years and that you expect the cost of attending CSU to go up with inflation. What would be the expected annual cost for a Colorado resident to attend as an undergraduate student after 18 years of inflation? Select the number closest to the correct answer. $64,830 $55,040 $32,000 $72,370

Per the CSU website, the current annual cost of attending CSU for a full-time undergraduate student that is a Colorado resident is around $32,000. This number includes tuition, fees, housing, books, etc. Assume that you just adopted a baby and that want to set aside money to help the child pay for 1 year of college in 18 years. Assume you expect around 4\% annual inflation for the next 18 years and that you expect the cost of attending CSU to go up with inflation. What would be the expected annual cost for a Colorado resident to attend as an undergraduate student after 18 years of inflation? Select the number closest to the correct answer. $64,830 $55,040 $32,000 $72,370