John and Jackie have 2 children ages 1 and 3. The current annual cost of college is $30,000. The children will begin col

[answerhappygod]

John and Jackie have 2 children ages 1 and 3. The current annual
cost of college is $30,000. The children will begin college at age
18 and be in college for 4 years. Education inflation is expected
to be 6% and the parent's portfolio rate of return is 10%. What
would be the lump sum amount the parents need to set aside today to
invest for their children's education?
$83,805
$125,708
$149,752
$149,961