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Pre-Test
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TIME REMAINING
59:45
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?
$150
$250
$350
$450