Question

For a typical middle-income family, what is the estimated cost of raising a child to the age of 18?

$145,500

$245,340

$304,340

$455,500

Answer 1

Answer:

The answer to this question is "$245,340".

Explanation:

The definition of the estimated cost can be given as

The estimated cost or expected cost is an expenditure that has been calculated and which concerns a given to the business purpose, product or project. For example, A farmer expected that there were 1000 sugarcane in the field by counting one row then multiplying by the number of rows that is the estimated cost of the sugarcane.