Savings Plan and Future Cost Estimation

 Estimated Annual Cost in 2037 \$148,868 Monthly savings required \$1,171

How much will it cost to send your child to Harvard University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at \$595,473.04 for students enrolling in 2037 if tuition increases average 5% per year until then.   Assuming you have already saved \$1,000.00, monthly deposits of \$1,171.01 into a 529 or other college savings plan earning and after tax or tax exempt return of 7% will be necessary to achieve this balance.

Assumptions

 Current Annual Cost \$57,407.00 Years until enrollment 18 Annual Tuition Increase 5% Current Savings \$1,000.00 After Tax Return on Savings 7% Years of enrollment 4

Current Savings Shortfall

College Savings Calculator

Discover how much will you need to start saving now to afford Harvard University in the future.

College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 \$1,000.00 \$1,171.01 \$0.00 \$0.00 \$2,171.01
2 \$2,171.01 \$1,171.01 \$0.00 \$12.28 \$3,354.30
3 \$3,354.30 \$1,171.01 \$0.00 \$18.97 \$4,544.28
4 \$4,544.28 \$1,171.01 \$0.00 \$25.69 \$5,740.98
5 \$5,740.98 \$1,171.01 \$0.00 \$32.46 \$6,944.45
6 \$6,944.45 \$1,171.01 \$0.00 \$39.26 \$8,154.72
7 \$8,154.72 \$1,171.01 \$0.00 \$46.11 \$9,371.84
8 \$9,371.84 \$1,171.01 \$0.00 \$52.99 \$10,595.84
9 \$10,595.84 \$1,171.01 \$0.00 \$59.91 \$11,826.76
10 \$11,826.76 \$1,171.01 \$0.00 \$66.87 \$13,064.64
11 \$13,064.64 \$1,171.01 \$0.00 \$73.87 \$14,309.52
12 \$14,309.52 \$1,171.01 \$0.00 \$80.91 \$15,561.44
13 \$15,561.44 \$1,171.01 \$0.00 \$87.99 \$16,820.44
14 \$16,820.44 \$1,171.01 \$0.00 \$95.11 \$18,086.56
15 \$18,086.56 \$1,171.01 \$0.00 \$102.26 \$19,359.83
16 \$19,359.83 \$1,171.01 \$0.00 \$109.46 \$20,640.30
17 \$20,640.30 \$1,171.01 \$0.00 \$116.70 \$21,928.01
18 \$21,928.01 \$1,171.01 \$0.00 \$123.98 \$23,223.00
19 \$23,223.00 \$1,171.01 \$0.00 \$131.31 \$24,525.32
20 \$24,525.32 \$1,171.01 \$0.00 \$138.67 \$25,835.00
21 \$25,835.00 \$1,171.01 \$0.00 \$146.07 \$27,152.08
22 \$27,152.08 \$1,171.01 \$0.00 \$153.52 \$28,476.61
23 \$28,476.61 \$1,171.01 \$0.00 \$161.01 \$29,808.63
24 \$29,808.63 \$1,171.01 \$0.00 \$168.54 \$31,148.18
25 \$31,148.18 \$1,171.01 \$0.00 \$176.12 \$32,495.31
26 \$32,495.31 \$1,171.01 \$0.00 \$183.73 \$33,850.05
27 \$33,850.05 \$1,171.01 \$0.00 \$191.39 \$35,212.45
28 \$35,212.45 \$1,171.01 \$0.00 \$199.10 \$36,582.56
29 \$36,582.56 \$1,171.01 \$0.00 \$206.84 \$37,960.41
30 \$37,960.41 \$1,171.01 \$0.00 \$214.63 \$39,346.05
31 \$39,346.05 \$1,171.01 \$0.00 \$222.47 \$40,739.53
32 \$40,739.53 \$1,171.01 \$0.00 \$230.35 \$42,140.89
33 \$42,140.89 \$1,171.01 \$0.00 \$238.27 \$43,550.17
34 \$43,550.17 \$1,171.01 \$0.00 \$246.24 \$44,967.42
35 \$44,967.42 \$1,171.01 \$0.00 \$254.25 \$46,392.68
36 \$46,392.68 \$1,171.01 \$0.00 \$262.31 \$47,826.00
37 \$47,826.00 \$1,171.01 \$0.00 \$270.42 \$49,267.43
38 \$49,267.43 \$1,171.01 \$0.00 \$278.57 \$50,717.01
39 \$50,717.01 \$1,171.01 \$0.00 \$286.76 \$52,174.78
40 \$52,174.78 \$1,171.01 \$0.00 \$295.00 \$53,640.79
41 \$53,640.79 \$1,171.01 \$0.00 \$303.29 \$55,115.09
42 \$55,115.09 \$1,171.01 \$0.00 \$311.63 \$56,597.73
43 \$56,597.73 \$1,171.01 \$0.00 \$320.01 \$58,088.75
44 \$58,088.75 \$1,171.01 \$0.00 \$328.44 \$59,588.20
45 \$59,588.20 \$1,171.01 \$0.00 \$336.92 \$61,096.13
46 \$61,096.13 \$1,171.01 \$0.00 \$345.45 \$62,612.59
47 \$62,612.59 \$1,171.01 \$0.00 \$354.02 \$64,137.62
48 \$64,137.62 \$1,171.01 \$0.00 \$362.64 \$65,671.27
49 \$65,671.27 \$1,171.01 \$0.00 \$371.31 \$67,213.59
50 \$67,213.59 \$1,171.01 \$0.00 \$380.04 \$68,764.64
51 \$68,764.64 \$1,171.01 \$0.00 \$388.81 \$70,324.46
52 \$70,324.46 \$1,171.01 \$0.00 \$397.62 \$71,893.09
53 \$71,893.09 \$1,171.01 \$0.00 \$406.49 \$73,470.59
54 \$73,470.59 \$1,171.01 \$0.00 \$415.41 \$75,057.01
55 \$75,057.01 \$1,171.01 \$0.00 \$424.38 \$76,652.40
56 \$76,652.40 \$1,171.01 \$0.00 \$433.40 \$78,256.81
57 \$78,256.81 \$1,171.01 \$0.00 \$442.48 \$79,870.30
58 \$79,870.30 \$1,171.01 \$0.00 \$451.60 \$81,492.91
59 \$81,492.91 \$1,171.01 \$0.00 \$460.77 \$83,124.69
60 \$83,124.69 \$1,171.01 \$0.00 \$470.00 \$84,765.70
61 \$84,765.70 \$1,171.01 \$0.00 \$479.28 \$86,415.99
62 \$86,415.99 \$1,171.01 \$0.00 \$488.61 \$88,075.61
63 \$88,075.61 \$1,171.01 \$0.00 \$497.99 \$89,744.61
64 \$89,744.61 \$1,171.01 \$0.00 \$507.43 \$91,423.05
65 \$91,423.05 \$1,171.01 \$0.00 \$516.92 \$93,110.98
66 \$93,110.98 \$1,171.01 \$0.00 \$526.46 \$94,808.45
67 \$94,808.45 \$1,171.01 \$0.00 \$536.06 \$96,515.52
68 \$96,515.52 \$1,171.01 \$0.00 \$545.71 \$98,232.24
69 \$98,232.24 \$1,171.01 \$0.00 \$555.42 \$99,958.67
70 \$99,958.67 \$1,171.01 \$0.00 \$565.18 \$101,694.86
71 \$101,694.86 \$1,171.01 \$0.00 \$575.00 \$103,440.87
72 \$103,440.87 \$1,171.01 \$0.00 \$584.87 \$105,196.75
73 \$105,196.75 \$1,171.01 \$0.00 \$594.80 \$106,962.56
74 \$106,962.56 \$1,171.01 \$0.00 \$604.78 \$108,738.35
75 \$108,738.35 \$1,171.01 \$0.00 \$614.82 \$110,524.18
76 \$110,524.18 \$1,171.01 \$0.00 \$624.92 \$112,320.11
77 \$112,320.11 \$1,171.01 \$0.00 \$635.07 \$114,126.19
78 \$114,126.19 \$1,171.01 \$0.00 \$645.29 \$115,942.49
79 \$115,942.49 \$1,171.01 \$0.00 \$655.56 \$117,769.06
80 \$117,769.06 \$1,171.01 \$0.00 \$665.88 \$119,605.95
81 \$119,605.95 \$1,171.01 \$0.00 \$676.27 \$121,453.23
82 \$121,453.23 \$1,171.01 \$0.00 \$686.71 \$123,310.95
83 \$123,310.95 \$1,171.01 \$0.00 \$697.22 \$125,179.18
84 \$125,179.18 \$1,171.01 \$0.00 \$707.78 \$127,057.97
85 \$127,057.97 \$1,171.01 \$0.00 \$718.40 \$128,947.38
86 \$128,947.38 \$1,171.01 \$0.00 \$729.09 \$130,847.48
87 \$130,847.48 \$1,171.01 \$0.00 \$739.83 \$132,758.32
88 \$132,758.32 \$1,171.01 \$0.00 \$750.63 \$134,679.96
89 \$134,679.96 \$1,171.01 \$0.00 \$761.50 \$136,612.47
90 \$136,612.47 \$1,171.01 \$0.00 \$772.43 \$138,555.91
91 \$138,555.91 \$1,171.01 \$0.00 \$783.42 \$140,510.34
92 \$140,510.34 \$1,171.01 \$0.00 \$794.47 \$142,475.82
93 \$142,475.82 \$1,171.01 \$0.00 \$805.58 \$144,452.41
94 \$144,452.41 \$1,171.01 \$0.00 \$816.75 \$146,440.17
95 \$146,440.17 \$1,171.01 \$0.00 \$827.99 \$148,439.17
96 \$148,439.17 \$1,171.01 \$0.00 \$839.30 \$150,449.48
97 \$150,449.48 \$1,171.01 \$0.00 \$850.66 \$152,471.15
98 \$152,471.15 \$1,171.01 \$0.00 \$862.09 \$154,504.25
99 \$154,504.25 \$1,171.01 \$0.00 \$873.59 \$156,548.85
100 \$156,548.85 \$1,171.01 \$0.00 \$885.15 \$158,605.01
101 \$158,605.01 \$1,171.01 \$0.00 \$896.78 \$160,672.80
102 \$160,672.80 \$1,171.01 \$0.00 \$908.47 \$162,752.28
103 \$162,752.28 \$1,171.01 \$0.00 \$920.23 \$164,843.52
104 \$164,843.52 \$1,171.01 \$0.00 \$932.05 \$166,946.58
105 \$166,946.58 \$1,171.01 \$0.00 \$943.94 \$169,061.53
106 \$169,061.53 \$1,171.01 \$0.00 \$955.90 \$171,188.44
107 \$171,188.44 \$1,171.01 \$0.00 \$967.92 \$173,327.37
108 \$173,327.37 \$1,171.01 \$0.00 \$980.02 \$175,478.40
109 \$175,478.40 \$1,171.01 \$0.00 \$992.18 \$177,641.59
110 \$177,641.59 \$1,171.01 \$0.00 \$1,004.41 \$179,817.01
111 \$179,817.01 \$1,171.01 \$0.00 \$1,016.71 \$182,004.73
112 \$182,004.73 \$1,171.01 \$0.00 \$1,029.08 \$184,204.82
113 \$184,204.82 \$1,171.01 \$0.00 \$1,041.52 \$186,417.35
114 \$186,417.35 \$1,171.01 \$0.00 \$1,054.03 \$188,642.39
115 \$188,642.39 \$1,171.01 \$0.00 \$1,066.61 \$190,880.01
116 \$190,880.01 \$1,171.01 \$0.00 \$1,079.26 \$193,130.28
117 \$193,130.28 \$1,171.01 \$0.00 \$1,091.99 \$195,393.28
118 \$195,393.28 \$1,171.01 \$0.00 \$1,104.78 \$197,669.07
119 \$197,669.07 \$1,171.01 \$0.00 \$1,117.65 \$199,957.73
120 \$199,957.73 \$1,171.01 \$0.00 \$1,130.59 \$202,259.33
121 \$202,259.33 \$1,171.01 \$0.00 \$1,143.60 \$204,573.94
122 \$204,573.94 \$1,171.01 \$0.00 \$1,156.69 \$206,901.64
123 \$206,901.64 \$1,171.01 \$0.00 \$1,169.85 \$209,242.50
124 \$209,242.50 \$1,171.01 \$0.00 \$1,183.09 \$211,596.60
125 \$211,596.60 \$1,171.01 \$0.00 \$1,196.40 \$213,964.01
126 \$213,964.01 \$1,171.01 \$0.00 \$1,209.78 \$216,344.80
127 \$216,344.80 \$1,171.01 \$0.00 \$1,223.24 \$218,739.05
128 \$218,739.05 \$1,171.01 \$0.00 \$1,236.78 \$221,146.84
129 \$221,146.84 \$1,171.01 \$0.00 \$1,250.40 \$223,568.25
130 \$223,568.25 \$1,171.01 \$0.00 \$1,264.09 \$226,003.35
131 \$226,003.35 \$1,171.01 \$0.00 \$1,277.86 \$228,452.22
132 \$228,452.22 \$1,171.01 \$0.00 \$1,291.70 \$230,914.93
133 \$230,914.93 \$1,171.01 \$0.00 \$1,305.63 \$233,391.57
134 \$233,391.57 \$1,171.01 \$0.00 \$1,319.63 \$235,882.21
135 \$235,882.21 \$1,171.01 \$0.00 \$1,333.71 \$238,386.93
136 \$238,386.93 \$1,171.01 \$0.00 \$1,347.87 \$240,905.81
137 \$240,905.81 \$1,171.01 \$0.00 \$1,362.12 \$243,438.94
138 \$243,438.94 \$1,171.01 \$0.00 \$1,376.44 \$245,986.39
139 \$245,986.39 \$1,171.01 \$0.00 \$1,390.84 \$248,548.24
140 \$248,548.24 \$1,171.01 \$0.00 \$1,405.33 \$251,124.58
141 \$251,124.58 \$1,171.01 \$0.00 \$1,419.89 \$253,715.48
142 \$253,715.48 \$1,171.01 \$0.00 \$1,434.54 \$256,321.03
143 \$256,321.03 \$1,171.01 \$0.00 \$1,449.28 \$258,941.32
144 \$258,941.32 \$1,171.01 \$0.00 \$1,464.09 \$261,576.42
145 \$261,576.42 \$1,171.01 \$0.00 \$1,478.99 \$264,226.42
146 \$264,226.42 \$1,171.01 \$0.00 \$1,493.97 \$266,891.40
147 \$266,891.40 \$1,171.01 \$0.00 \$1,509.04 \$269,571.45
148 \$269,571.45 \$1,171.01 \$0.00 \$1,524.20 \$272,266.66
149 \$272,266.66 \$1,171.01 \$0.00 \$1,539.44 \$274,977.11
150 \$274,977.11 \$1,171.01 \$0.00 \$1,554.76 \$277,702.88
151 \$277,702.88 \$1,171.01 \$0.00 \$1,570.17 \$280,444.06
152 \$280,444.06 \$1,171.01 \$0.00 \$1,585.67 \$283,200.74
153 \$283,200.74 \$1,171.01 \$0.00 \$1,601.26 \$285,973.01
154 \$285,973.01 \$1,171.01 \$0.00 \$1,616.93 \$288,760.95
155 \$288,760.95 \$1,171.01 \$0.00 \$1,632.70 \$291,564.66
156 \$291,564.66 \$1,171.01 \$0.00 \$1,648.55 \$294,384.22
157 \$294,384.22 \$1,171.01 \$0.00 \$1,664.49 \$297,219.72
158 \$297,219.72 \$1,171.01 \$0.00 \$1,680.52 \$300,071.25
159 \$300,071.25 \$1,171.01 \$0.00 \$1,696.65 \$302,938.91
160 \$302,938.91 \$1,171.01 \$0.00 \$1,712.86 \$305,822.78
161 \$305,822.78 \$1,171.01 \$0.00 \$1,729.17 \$308,722.96
162 \$308,722.96 \$1,171.01 \$0.00 \$1,745.56 \$311,639.53
163 \$311,639.53 \$1,171.01 \$0.00 \$1,762.06 \$314,572.60
164 \$314,572.60 \$1,171.01 \$0.00 \$1,778.64 \$317,522.25
165 \$317,522.25 \$1,171.01 \$0.00 \$1,795.32 \$320,488.58
166 \$320,488.58 \$1,171.01 \$0.00 \$1,812.09 \$323,471.68
167 \$323,471.68 \$1,171.01 \$0.00 \$1,828.96 \$326,471.65
168 \$326,471.65 \$1,171.01 \$0.00 \$1,845.92 \$329,488.58
169 \$329,488.58 \$1,171.01 \$0.00 \$1,862.98 \$332,522.57
170 \$332,522.57 \$1,171.01 \$0.00 \$1,880.13 \$335,573.71
171 \$335,573.71 \$1,171.01 \$0.00 \$1,897.38 \$338,642.10
172 \$338,642.10 \$1,171.01 \$0.00 \$1,914.73 \$341,727.84
173 \$341,727.84 \$1,171.01 \$0.00 \$1,932.18 \$344,831.03
174 \$344,831.03 \$1,171.01 \$0.00 \$1,949.72 \$347,951.76
175 \$347,951.76 \$1,171.01 \$0.00 \$1,967.37 \$351,090.14
176 \$351,090.14 \$1,171.01 \$0.00 \$1,985.11 \$354,246.26
177 \$354,246.26 \$1,171.01 \$0.00 \$2,002.96 \$357,420.23
178 \$357,420.23 \$1,171.01 \$0.00 \$2,020.91 \$360,612.15
179 \$360,612.15 \$1,171.01 \$0.00 \$2,038.95 \$363,822.11
180 \$363,822.11 \$1,171.01 \$0.00 \$2,057.10 \$367,050.22
181 \$367,050.22 \$1,171.01 \$0.00 \$2,075.36 \$370,296.59
182 \$370,296.59 \$1,171.01 \$0.00 \$2,093.71 \$373,561.31
183 \$373,561.31 \$1,171.01 \$0.00 \$2,112.17 \$376,844.49
184 \$376,844.49 \$1,171.01 \$0.00 \$2,130.73 \$380,146.23
185 \$380,146.23 \$1,171.01 \$0.00 \$2,149.40 \$383,466.64
186 \$383,466.64 \$1,171.01 \$0.00 \$2,168.18 \$386,805.83
187 \$386,805.83 \$1,171.01 \$0.00 \$2,187.06 \$390,163.90
188 \$390,163.90 \$1,171.01 \$0.00 \$2,206.04 \$393,540.95
189 \$393,540.95 \$1,171.01 \$0.00 \$2,225.14 \$396,937.10
190 \$396,937.10 \$1,171.01 \$0.00 \$2,244.34 \$400,352.45
191 \$400,352.45 \$1,171.01 \$0.00 \$2,263.65 \$403,787.11
192 \$403,787.11 \$1,171.01 \$0.00 \$2,283.07 \$407,241.19
193 \$407,241.19 \$1,171.01 \$0.00 \$2,302.60 \$410,714.80
194 \$410,714.80 \$1,171.01 \$0.00 \$2,322.24 \$414,208.05
195 \$414,208.05 \$1,171.01 \$0.00 \$2,341.99 \$417,721.05
196 \$417,721.05 \$1,171.01 \$0.00 \$2,361.86 \$421,253.92
197 \$421,253.92 \$1,171.01 \$0.00 \$2,381.83 \$424,806.76
198 \$424,806.76 \$1,171.01 \$0.00 \$2,401.92 \$428,379.69
199 \$428,379.69 \$1,171.01 \$0.00 \$2,422.12 \$431,972.82
200 \$431,972.82 \$1,171.01 \$0.00 \$2,442.44 \$435,586.27
201 \$435,586.27 \$1,171.01 \$0.00 \$2,462.87 \$439,220.15
202 \$439,220.15 \$1,171.01 \$0.00 \$2,483.41 \$442,874.57
203 \$442,874.57 \$1,171.01 \$0.00 \$2,504.08 \$446,549.66
204 \$446,549.66 \$1,171.01 \$0.00 \$2,524.86 \$450,245.53
205 \$450,245.53 \$1,171.01 \$0.00 \$2,545.75 \$453,962.29
206 \$453,962.29 \$1,171.01 \$0.00 \$2,566.77 \$457,700.07
207 \$457,700.07 \$1,171.01 \$0.00 \$2,587.90 \$461,458.98
208 \$461,458.98 \$1,171.01 \$0.00 \$2,609.16 \$465,239.15
209 \$465,239.15 \$1,171.01 \$0.00 \$2,630.53 \$469,040.69
210 \$469,040.69 \$1,171.01 \$0.00 \$2,652.02 \$472,863.72
211 \$472,863.72 \$1,171.01 \$0.00 \$2,673.64 \$476,708.37
212 \$476,708.37 \$1,171.01 \$0.00 \$2,695.38 \$480,574.76
213 \$480,574.76 \$1,171.01 \$0.00 \$2,717.24 \$484,463.01
214 \$484,463.01 \$1,171.01 \$0.00 \$2,739.22 \$488,373.24
215 \$488,373.24 \$1,171.01 \$0.00 \$2,761.33 \$492,305.58
216 \$492,305.58 \$1,171.01 \$0.00 \$2,783.57 \$496,260.16
217 \$496,260.16 \$1,171.01 \$138,156.79 \$2,805.93 \$362,080.31
218 \$362,080.31 \$1,171.01 \$0.00 \$2,047.25 \$365,298.57
219 \$365,298.57 \$1,171.01 \$0.00 \$2,065.45 \$368,535.03
220 \$368,535.03 \$1,171.01 \$0.00 \$2,083.75 \$371,789.79
221 \$371,789.79 \$1,171.01 \$0.00 \$2,102.15 \$375,062.95
222 \$375,062.95 \$1,171.01 \$0.00 \$2,120.66 \$378,354.62
223 \$378,354.62 \$1,171.01 \$0.00 \$2,139.27 \$381,664.90
224 \$381,664.90 \$1,171.01 \$0.00 \$2,157.99 \$384,993.90
225 \$384,993.90 \$1,171.01 \$0.00 \$2,176.81 \$388,341.72
226 \$388,341.72 \$1,171.01 \$0.00 \$2,195.74 \$391,708.47
227 \$391,708.47 \$1,171.01 \$0.00 \$2,214.78 \$395,094.26
228 \$395,094.26 \$1,171.01 \$0.00 \$2,233.92 \$398,499.19
229 \$398,499.19 \$1,171.01 \$145,064.63 \$2,253.17 \$256,858.74
230 \$256,858.74 \$1,171.01 \$0.00 \$1,452.32 \$259,482.07
231 \$259,482.07 \$1,171.01 \$0.00 \$1,467.15 \$262,120.23
232 \$262,120.23 \$1,171.01 \$0.00 \$1,482.07 \$264,773.31
233 \$264,773.31 \$1,171.01 \$0.00 \$1,497.07 \$267,441.39
234 \$267,441.39 \$1,171.01 \$0.00 \$1,512.15 \$270,124.55
235 \$270,124.55 \$1,171.01 \$0.00 \$1,527.32 \$272,822.88
236 \$272,822.88 \$1,171.01 \$0.00 \$1,542.58 \$275,536.47
237 \$275,536.47 \$1,171.01 \$0.00 \$1,557.92 \$278,265.40
238 \$278,265.40 \$1,171.01 \$0.00 \$1,573.35 \$281,009.76
239 \$281,009.76 \$1,171.01 \$0.00 \$1,588.87 \$283,769.64
240 \$283,769.64 \$1,171.01 \$0.00 \$1,604.47 \$286,545.12
241 \$286,545.12 \$1,171.01 \$152,317.86 \$1,620.17 \$137,018.44
242 \$137,018.44 \$1,171.01 \$0.00 \$774.72 \$138,964.17
243 \$138,964.17 \$1,171.01 \$0.00 \$785.72 \$140,920.90
244 \$140,920.90 \$1,171.01 \$0.00 \$796.79 \$142,888.70
245 \$142,888.70 \$1,171.01 \$0.00 \$807.91 \$144,867.62
246 \$144,867.62 \$1,171.01 \$0.00 \$819.10 \$146,857.73
247 \$146,857.73 \$1,171.01 \$0.00 \$830.35 \$148,859.09
248 \$148,859.09 \$1,171.01 \$0.00 \$841.67 \$150,871.77
249 \$150,871.77 \$1,171.01 \$0.00 \$853.05 \$152,895.83
250 \$152,895.83 \$1,171.01 \$0.00 \$864.50 \$154,931.34
251 \$154,931.34 \$1,171.01 \$0.00 \$876.00 \$156,978.35
252 \$156,978.35 \$1,171.01 \$0.00 \$887.58 \$159,036.94
253 \$159,036.94 \$0.00 \$159,933.75 \$899.22 \$2.41