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14 May, 14:40

Carly will be going to college in 3 years. she anticipates that she will need $12,000 to pay for the first year. she currently has $2,900 in a savings account. without including any interest earned, what is a reasonable estimate of the amount carly needs to deposit into the savings account per month over the next 3 years to be able to pay for her first year of college?

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  1. 14 May, 15:47
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    12000 - 2900 = 9100

    9100 / 36 = 252.77 ... about 253 per month
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