Arthur is 10 years old. Tuition for one year at a public two-year college is 3 dollars comma 125 In 8 years, tuition is expected to increase 32 percent Arthur’s family plans to save for his college costs for 5 years. If the family saves 75 dollars per month, will there be enough money to pay for the expected cost of one year at the college when he is 18 ?
Answer
A
Yes, they could save about 5 dollars less per month and still have enough money.
B
No, they would need to save about 15 dollars more per month to have enough money.
C
No, they would need to save about 30 dollars more per month to have enough money.
D
Yes, they could save about 30 dollars less per month and still have enough money.