For a typical middle-income family, what is the estimated cost of raising a child to the age of 18? $145,500 $245,340 $304,340 $455,500

The answer to this question is "$245,340".

Explanation:

The definition of the estimated cost can be given as

The estimated cost or expected cost is an expenditure that has been calculated and which concerns a given to the business purpose, product or project. For example, A farmer expected that there were 1000 sugarcane in the field by counting one row then multiplying by the number of rows that is the estimated cost of the sugarcane.

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