Not Counting College Expenses,it Will Cost About ____ to Raise

question 137

Multiple Choice

 Not counting college expenses,it will cost about ____ to raise one child born in 2012 over the next 17 years 

• A)$300,000
• B)$500,000
• C)$700,000
• D)$900,000

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Definitions:

Bank Liabilities

Financial obligations owed by a bank to its depositors, creditors, and other parties.

Bank Assets

Resources owned by a bank, including loans, securities, cash, and property, that have economic value and can be used to meet its liabilities.

Mad Money

Extra money reserved for spontaneous expenses or for small luxuries, often used more liberally.

Economic Booms

Periods of rapid economic growth and expansion, characterized by increased production, employment, and consumer spending.