N 2018, Jose paid the following amounts for his son to attend Big State University: Tuition $6,400 Room and board 4,775 Books 772 A car to use at school 1,932 Student football tickets 237 Spending money 4,000 How much of the above is a qualified higher education expense for purposes of his Qualified Tuition Program?

$11,947

Explanation:

The following expenses shall be allowed as qualified higher education expense to Jose for the purpose of his son Qualified tuition program

Tuition Fees                                                   $6,400

Room and board                                           $4,775

Books                                                             $772

Total expenses to be allowed                      $11,947

im thinking a but im not 100% sure

explanation:

you will have $2593.74 in 10 years if you set aside $1,000 at 10%

you will have $9321.91 in 20 years if you set aside $2000 at 8%

you will have $1469.32 in 5 years if you set aside $1000 at 8%

you will have $1296.87 in 10 years if you set aside $500 at 10%

you will have $239.66 in 15 years if you set aside $100 at 6%

you will have $4660.96 in 20 years if you set aside $1000 at 8%