The Cost to Raise a Child to Age 18, Excluding

question 43

Multiple Choice

The cost to raise a child to age 18, excluding college, for a middle income family is approximately ________.

• A)$50,000.
• B)$120,000.
• C)$170,000.
• D)$220,000.

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Definitions:

Goal Seek

A function in spreadsheet software that finds the input value needed to achieve a specific target output in a formula or function.

Input Values

Data that is entered into a system or application for processing or analysis.

Solver Button

A feature in spreadsheet software that allows users to find optimal solutions to complex mathematical problems.

Analyze Group

A process or method of breaking down data or issues into smaller components to understand their structure and implications.