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Question 1 1 pts If the total estimated cost of a public four-year college degree 10 years from now is $86,000, how much money would
Question 1 1 pts If the total estimated cost of a public four-year college degree 10 years from now is $86,000, how much money would you need to set aside each year in an account earning 4% annual compounded interest in order to have enough money saved up? Question 2 1 pts A retirement fund earns 6% interest, compounded quarterly. If $1,000,000 is desired to be in the account at the end of 25 years, how much money must you deposit into the account each quarter? Question 3 1 pts One thousand dollars is borrowed for one year at an interest rate of 1% per month. If this sum of money were borrowed for the same period at an interest rate of 12% per year, what would be the savings in interest expenses
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