Willow's company general ledger showed a checking account balance of $25000 at the end of may 2006. the may 31 cash receipts of $3000, included in the general ledger balance, were placed in the night depository at the bank on may 31 and were processed by the bank on june 1

Tara and her parents want to save at least $40,000 for college in 8 years. which statement describes the most effective savings plan for tara and her parents to meet their goal? tara and her parents should make deposits of $300 every month into a college savings account. tara and her parents should make deposits of $450 every month into a college savings account. tara and her parents should make deposits of $3,000 every year into a college savings account. tara and her parents should make deposits of $4,000 every year into a college savings account