Jeff's father is planning to open a savings account to pay for Jeff's college education. He has found a bank that will pay 5 percent interest compounded daily. How much will he need to deposit initially so that in 14 years the balance will be $199,000?

Sara has been reading about different types of financial grants, including federal pell grants, academic competitiveness grants, smart grants, and teach grants. which statement about these grants is true? filling out a fafsa will not her apply for these grants. she will not have to pay back any funds she receives from these grants. these grants only go to students with less than a 3.0 gpa. she will have to pay back all the funds she receives from these grants.