Question: Remaining Time 46 minutes 5 seconds Question completion Status 29 Moving to another question will save this response Question 25 of 30 Question 28 6

 Remaining Time 46 minutes 5 seconds Question completion Status 29 Moving

Remaining Time 46 minutes 5 seconds Question completion Status 29 Moving to another question will save this response Question 25 of 30 Question 28 6 points Samue's Dad is looking to depasta sum of money immediately into an account that pays an annual interest rate of 5.00% so that his first year college tuition costs are provided for Currently, the average college tuition cost is $17,000 and is expected to increase by 1.00 per year (the average inflation rate), Samuel just turned 4 and is expected to start college when he turns 18. How much money will Samuels Dad have to deposit into the account? $7,415 59.870 $6.741 SR 157 $8.972 Question Hoving to another question will save this response. cook Pro

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