Financial literacy and saving for college Flashcards

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Financial literacy and saving for college

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Question

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

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

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