8) Assuming that college costs continue to increase an average of 4% per year and that all her collegesavings are invested in an account paying 7% interest, then the amount of money she will need tohave available at age 18 to pay for all four years of her undergraduate education is closest to

The amount in her savings account at the age of 18 years should be $97107.29

Explanation:

As the complete question is not given, by finding a similar question is found online and it is enclosed herewith.

From the data the current per year cost of college is given as

PV=$12500

Rate of Growth=i=4%

The cost of college when the baby is 18 years is given as

Using the present value of growing annuity find the four years college fee

Here

So the amount in her savings account at the age of 18 years should be $97107.29

the correct answer would be b, when, queen, calder hall and london.

explanation:

we always capitalize words when a paragraph or sentence is starting, when an important name is used, when a place is being written, or simply when a noun is used, etc. so in this sentence, sentence is starting from 'when', so it will be written in capital letters. secondly, queen is considered to be an important person, so it will also be written in capital letter. next, the name of the town is mentioned, i-e calder hall, which will also be written in capital letters. in the last,   city name is being used, 'london', which will also be written in capital letters. so option b is the most appropriate one.