A friend with a newborn is wondering how much to contribute to a
529 plan to help fund college for the child in 18 years. She wants
to have $125,000 in the account to help pay for the child’s four
years of college. You believe the fund can earn 7% annually and
that inflation will average 3%. How much must be contributed at the
end of each year to fund this account? A. $6,900. B. $3,680. C.
$2,980. D. $4,050....