You have an absolutely brilliant child who is six years old and will be attending a private college in twelve years.You know that a four year college now costs at least $30,000 per year,including tuition,books,room,and board.The cost of sending a child to college has increased by 8 percent per year,and you believe this will be true for the next twelve years.How much will the annual tuition be when your child is eighteen?
A)$119,881
B)$75,545
C)$74,279
D)$67,566

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The Answer of You have an absolutely brilliant child who is six years old and will be attending a private college in twelve years.You know that a four year college now costs at least $30,000 per year,including tuition,books,room,and board.The cost of sending a child to college has increased by 8 percent per year,and you believe this will be true for the next twelve years.How much will the annual tuition be when your child is eighteen?
A)$119,881
B)$75,545
C)$74,279
D)$67,566

You Have an Absolutely Brilliant Child Who Is Six Years