Your Friend,Justin,started College at the Age of 18 with $40,559

question 9

Multiple Choice

Your friend,Justin,started college at the age of 18 with $40,559 already saved.He has this money because 18 years ago when he was born his parents placed money into a special college savings account earning 7.00% per year.How much money did Justin's parents place into his college account?

• A)$12,000
• B)$18,000
• C)$19,262
• D)$21,000

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Definitions:

Maladaptive

Anything that does not allow a person to function within or adapt to the stresses and everyday demands of life.

Everyday Demands

The routine challenges and tasks that individuals face daily, requiring management of time, resources, and decision-making.

Function

The natural or intended action of something or the role it plays in a particular context or system.

Diagnostic and Statistical Manual

A comprehensive classification and diagnostic guide published by the American Psychiatric Association for mental disorders.