Q8.How much (approximately) should you deposit each month to achieve the above financial planning goal? The correct answer is closer to: a. Less than $700 b. between $701 and $750 c. between 751 to $780. d. $795 e. Above $801 Paragraph . Styles Use the following info for questions 7-9. Your daughter will go to a four-year college 10 years from now. You want to make sure you have four years' worth of education cost. The current annual cost of education is $ 25,000 subject to a 5% annual rate of inflation. The investment opportunity is 10% each year (compounded monthly). Q7. Adjusted for the annual rate of inflation, how much do you need 10 years from now? Ignore the years of 19 and after. The correct answer is closer to: a $150,000 b. $160,000 I c. $162,889 d. More than $163,000 Fe. Less than $150,000 Q8.How much (approximately) should you deposit each month to achieve the above financial planning goal? The correct answer is closer to: a. Less than $700 b. between $701 and $750 c. between 751 to $780. d. $795 e. Above $801 Foou