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Mathematics, 07.01.2020 10:31 kmc3490

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.

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