Financial literacy and saving for college

Question 1

Max saves money for 3 years to pay for 1 year of tuition. Each MONTH he should save...

Accepted Answer

He is saving for 3 years..., Ready! I calculated how much he needs to save each MONTH., He needs $11,000 each year..., His family is paying a one-time $7,400 contribution

Question 2

Max saves money for 3 years to pay for 1 year of tuition. True or False? Each MONTH he should save at least $100.

Accepted Answer

True

Question 3

You save money for 1 year to pay for your first year of tuition. Each MONTH you should save...

Accepted Answer

I know I need $8,600 each year..., My family is paying for 75% of my tuition each year..., I know I am saving for 1 year..., Ready! I calculated how much I need to save each MONTH.

Question 4

Zoe saves money for 4 years to pay for 2 years of tuition. Each MONTH she should save...

Accepted Answer

Her family is paying a one-time $6,000 contribution, She is saving for 4 years..., Ready! I calculated how much she needs to save each MONTH., She needs $10,200 each year...

Question 5

Ben saves money for 1 year to pay for his first year of tuition. Each MONTH he should save...

Accepted Answer

His family is paying for 80% of the tuition each year..., He is saving for 1 year..., He needs $9,200 each year..., Ready! I calculated how much he needs to save each MONTH.

Question 6

Ben saves money for 1 year to pay for his first year of tuition. Each MONTH he should save...

Accepted Answer

at least $153.34.

Question 7

You save money for 1 year to pay for your first year of tuition. Each MONTH you should save...

Accepted Answer

at least $179.17.

Question 8

Amy saves money for 4 years to pay for 2 years of tuition. Each MONTH she should save...

Accepted Answer

Ready! I calculated how much she needs to save each MONTH., She needs $8,900 each year..., Her family is paying for $6,000 of the tuition each year..., She is saving for 4 years...

Question 9

Zoe saves money for 4 years to pay for 2 years of tuition. Each MONTH she should save...

Accepted Answer

at least $300.

Question 10

Eli saves money for 5 years to pay for 2 years of tuition. Each MONTH he should save...

Accepted Answer

He needs $9,500 each year..., Ready! I calculated how much he needs to save each MONTH., He is saving for 5 years..., His family is paying for $4,750 of the tuition each year...

Question 11

Eli saves money for 5 years to pay for 2 years of tuition. Each MONTH he should save...

Accepted Answer

at least $158.34.

Question 12

Amy saves money for 4 years to pay for 2 years of tuition. True or False? Each MONTH she should save at least $161.12.

Accepted Answer

False

Financial literacy and saving for college

Questions 12

Financial literacy and saving for college

Questions 12