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You have just become a parent and have decided to start saving for your childs education. Starting at the end of this year, you will
You have just become a parent and have decided to start saving for your childs education. Starting at the end of this year, you will deposit $2,000 every year for the next 20 years in an account with an expected return of 6% per year. What is the expected amount in the account at the end of the 20 years? Select one: a. $22,939.84 b. $73,571.18 c. $40,000.00 d. $128,285.42
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