Ask Question
21 February, 13:49

The Hartman family is saving $400 monthly for Ronald's college education. The family anticipates they will need to contribute $20,000 toward his first year of college, which is in 4 years. Which best explains whether the family will have enough money in 4 years?

A. The family will not have enough money. They will have saved only $16,000.

B. The family will not have enough money. They will have saved only $19,200.

C. The family will likely have enough money. They will have saved $16,000 and have accumulated interest.

D. The family will likely have enough money. They will have saved $19,200 and have accumulated interest.

+1
Answers (1)
  1. 21 February, 17:20
    0
    I belive its D. Because 400 a month for 12 months comes out to $4800 a year multiply that by 4 its 19200. if there putting it in a bank then it will get intrest
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The Hartman family is saving $400 monthly for Ronald's college education. The family anticipates they will need to contribute $20,000 ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers