Mathematics, 15.04.2021 20:50 ayoismeisalex
Mickey has $4,500 in a college savings account, and he will need to contribute $6,000 each year towards his college tuition. Mickey wants to save enough in 3 years to cover his first 2 years of tuition. According to the table, what is the minimum monthly deposit that Mickey should make in order to meet his goal?
Starting Value Monthly Deposit Amount in 3 years
$4,500 $150 $10,799
$4,500 $200 $12,709
$4,500 $250 $14,618
$4,500 $300 $16,527
A $150
B $300
C $250
D $200
Answers: 1
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