Your friend John started college at the age of 18 with $63,450 already saved,because 18 years ago when he was born his parents placed money into a special college savings account earning 7.25% per year.How much money did John's parents place into his college account?
A)$18,000
B)$3,525
C)$17,262
D)$5,824

Question

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The Answer of Your friend John started college at the age of 18 with $63,450 already saved,because 18 years ago when he was born his parents placed money into a special college savings account earning 7.25% per year.How much money did John's parents place into his college account?
A)$18,000
B)$3,525
C)$17,262
D)$5,824

Your Friend John Started College at the Age of 18