The US Department of Agriculture estimates that for each child you will expend how much money for the first 17 years of the child’s life if your before-tax income is less than $57,600?
Explanation
Answer: A - It is estimated that the total expenditures on a child for the first 17 years of life by a husband-wife will be $163,440. This estimate takes into account housing, food, transportation, clothing, health care, education, and miscellaneous expenses and is calculated by the US Department of Agriculture.