NeenaOk
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Please help!!

How much can the Ball family expect to pay, per year, to raise the child from birth to 18 years of age?

A. $12.846
B. $13.458
C. $14.344
D. $15,188
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Please helpHow much can the Ball family expect to pay per year to raise the child from birth to 18 years of age A 12846 B 13458 C 14344 D 15188 class=

Respuesta :

The answer is C. $14,344. It coast $91,200 to raise a child to the age of 5, then another $167,000 to raise him/her to the age of 18...so it is a total cost of $258,200 to raise the child from birth to age 18. Divide that total amount by the number of years to find the average cost per year. $258,200 / 18 = $14,344