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please explain, thank you. Question 10 1 pts Your friend just had a baby. College tuition currently costs $12.000/year. Assuming 3% inflation, how much will

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please explain, thank you.

Question 10 1 pts Your friend just had a baby. College tuition currently costs $12.000/year. Assuming 3% inflation, how much will tuition cost in 18 years, the child's freshman year? $18.642 $19,241 $19.889 $20,429 Question 8 1 pts The limit set by the IRS for a charitable gift by an estate to a federally recognized charity is: $1M $10M $100M Unlimited

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