6
QuizMultiple Choice

Planning for the Cost of College

Question 6 • 2027 Ignite Financial Literacy-Personal Finance - EL3403

In his first school year, Leo contributed $13,468 toward college expenses. In his second school year, the expenses are expected to increase by 4%. What is the approximate minimum amount Leo should expect to contribute in his second school year?

Answer
$
$13,472
$
$13,868
$
$14,007
$
$18,855
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