## Savings Plan and Future Cost Estimation

 Estimated Annual Cost in 2037 \$149,078 Monthly savings required \$1,180

How much will it cost to send your child to Pacific University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at \$596,313.24 for students enrolling in 2037 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of \$1,180.08 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 \$57,488.00 Years until enrollment 18 Annual Tuition Increase 5% Current Savings \$0.00 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 Pacific University in the future.

## College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 \$0.00 \$1,180.08 \$0.00 \$0.00 \$1,180.08
2 \$1,180.08 \$1,180.08 \$0.00 \$6.67 \$2,366.83
3 \$2,366.83 \$1,180.08 \$0.00 \$13.38 \$3,560.29
4 \$3,560.29 \$1,180.08 \$0.00 \$20.13 \$4,760.50
5 \$4,760.50 \$1,180.08 \$0.00 \$26.92 \$5,967.50
6 \$5,967.50 \$1,180.08 \$0.00 \$33.74 \$7,181.32
7 \$7,181.32 \$1,180.08 \$0.00 \$40.60 \$8,402.00
8 \$8,402.00 \$1,180.08 \$0.00 \$47.51 \$9,629.59
9 \$9,629.59 \$1,180.08 \$0.00 \$54.45 \$10,864.12
10 \$10,864.12 \$1,180.08 \$0.00 \$61.43 \$12,105.63
11 \$12,105.63 \$1,180.08 \$0.00 \$68.45 \$13,354.16
12 \$13,354.16 \$1,180.08 \$0.00 \$75.51 \$14,609.75
13 \$14,609.75 \$1,180.08 \$0.00 \$82.61 \$15,872.44
14 \$15,872.44 \$1,180.08 \$0.00 \$89.75 \$17,142.27
15 \$17,142.27 \$1,180.08 \$0.00 \$96.92 \$18,419.27
16 \$18,419.27 \$1,180.08 \$0.00 \$104.15 \$19,703.50
17 \$19,703.50 \$1,180.08 \$0.00 \$111.41 \$20,994.99
18 \$20,994.99 \$1,180.08 \$0.00 \$118.71 \$22,293.78
19 \$22,293.78 \$1,180.08 \$0.00 \$126.05 \$23,599.91
20 \$23,599.91 \$1,180.08 \$0.00 \$133.44 \$24,913.43
21 \$24,913.43 \$1,180.08 \$0.00 \$140.86 \$26,234.37
22 \$26,234.37 \$1,180.08 \$0.00 \$148.33 \$27,562.78
23 \$27,562.78 \$1,180.08 \$0.00 \$155.84 \$28,898.70
24 \$28,898.70 \$1,180.08 \$0.00 \$163.40 \$30,242.18
25 \$30,242.18 \$1,180.08 \$0.00 \$170.99 \$31,593.25
26 \$31,593.25 \$1,180.08 \$0.00 \$178.63 \$32,951.96
27 \$32,951.96 \$1,180.08 \$0.00 \$186.32 \$34,318.36
28 \$34,318.36 \$1,180.08 \$0.00 \$194.04 \$35,692.48
29 \$35,692.48 \$1,180.08 \$0.00 \$201.81 \$37,074.37
30 \$37,074.37 \$1,180.08 \$0.00 \$209.62 \$38,464.07
31 \$38,464.07 \$1,180.08 \$0.00 \$217.48 \$39,861.63
32 \$39,861.63 \$1,180.08 \$0.00 \$225.38 \$41,267.09
33 \$41,267.09 \$1,180.08 \$0.00 \$233.33 \$42,680.50
34 \$42,680.50 \$1,180.08 \$0.00 \$241.32 \$44,101.90
35 \$44,101.90 \$1,180.08 \$0.00 \$249.36 \$45,531.34
36 \$45,531.34 \$1,180.08 \$0.00 \$257.44 \$46,968.86
37 \$46,968.86 \$1,180.08 \$0.00 \$265.57 \$48,414.51
38 \$48,414.51 \$1,180.08 \$0.00 \$273.74 \$49,868.33
39 \$49,868.33 \$1,180.08 \$0.00 \$281.96 \$51,330.37
40 \$51,330.37 \$1,180.08 \$0.00 \$290.23 \$52,800.68
41 \$52,800.68 \$1,180.08 \$0.00 \$298.54 \$54,279.30
42 \$54,279.30 \$1,180.08 \$0.00 \$306.90 \$55,766.28
43 \$55,766.28 \$1,180.08 \$0.00 \$315.31 \$57,261.67
44 \$57,261.67 \$1,180.08 \$0.00 \$323.77 \$58,765.52
45 \$58,765.52 \$1,180.08 \$0.00 \$332.27 \$60,277.87
46 \$60,277.87 \$1,180.08 \$0.00 \$340.82 \$61,798.77
47 \$61,798.77 \$1,180.08 \$0.00 \$349.42 \$63,328.27
48 \$63,328.27 \$1,180.08 \$0.00 \$358.07 \$64,866.42
49 \$64,866.42 \$1,180.08 \$0.00 \$366.76 \$66,413.26
50 \$66,413.26 \$1,180.08 \$0.00 \$375.51 \$67,968.85
51 \$67,968.85 \$1,180.08 \$0.00 \$384.31 \$69,533.24
52 \$69,533.24 \$1,180.08 \$0.00 \$393.15 \$71,106.47
53 \$71,106.47 \$1,180.08 \$0.00 \$402.05 \$72,688.60
54 \$72,688.60 \$1,180.08 \$0.00 \$410.99 \$74,279.67
55 \$74,279.67 \$1,180.08 \$0.00 \$419.99 \$75,879.74
56 \$75,879.74 \$1,180.08 \$0.00 \$429.04 \$77,488.86
57 \$77,488.86 \$1,180.08 \$0.00 \$438.13 \$79,107.07
58 \$79,107.07 \$1,180.08 \$0.00 \$447.28 \$80,734.43
59 \$80,734.43 \$1,180.08 \$0.00 \$456.48 \$82,370.99
60 \$82,370.99 \$1,180.08 \$0.00 \$465.74 \$84,016.81
61 \$84,016.81 \$1,180.08 \$0.00 \$475.04 \$85,671.93
62 \$85,671.93 \$1,180.08 \$0.00 \$484.40 \$87,336.41
63 \$87,336.41 \$1,180.08 \$0.00 \$493.81 \$89,010.30
64 \$89,010.30 \$1,180.08 \$0.00 \$503.28 \$90,693.66
65 \$90,693.66 \$1,180.08 \$0.00 \$512.80 \$92,386.54
66 \$92,386.54 \$1,180.08 \$0.00 \$522.37 \$94,088.99
67 \$94,088.99 \$1,180.08 \$0.00 \$531.99 \$95,801.06
68 \$95,801.06 \$1,180.08 \$0.00 \$541.67 \$97,522.81
69 \$97,522.81 \$1,180.08 \$0.00 \$551.41 \$99,254.30
70 \$99,254.30 \$1,180.08 \$0.00 \$561.20 \$100,995.58
71 \$100,995.58 \$1,180.08 \$0.00 \$571.04 \$102,746.70
72 \$102,746.70 \$1,180.08 \$0.00 \$580.94 \$104,507.72
73 \$104,507.72 \$1,180.08 \$0.00 \$590.90 \$106,278.70
74 \$106,278.70 \$1,180.08 \$0.00 \$600.92 \$108,059.70
75 \$108,059.70 \$1,180.08 \$0.00 \$610.99 \$109,850.77
76 \$109,850.77 \$1,180.08 \$0.00 \$621.11 \$111,651.96
77 \$111,651.96 \$1,180.08 \$0.00 \$631.30 \$113,463.34
78 \$113,463.34 \$1,180.08 \$0.00 \$641.54 \$115,284.96
79 \$115,284.96 \$1,180.08 \$0.00 \$651.84 \$117,116.88
80 \$117,116.88 \$1,180.08 \$0.00 \$662.20 \$118,959.16
81 \$118,959.16 \$1,180.08 \$0.00 \$672.61 \$120,811.85
82 \$120,811.85 \$1,180.08 \$0.00 \$683.09 \$122,675.02
83 \$122,675.02 \$1,180.08 \$0.00 \$693.62 \$124,548.72
84 \$124,548.72 \$1,180.08 \$0.00 \$704.22 \$126,433.02
85 \$126,433.02 \$1,180.08 \$0.00 \$714.87 \$128,327.97
86 \$128,327.97 \$1,180.08 \$0.00 \$725.58 \$130,233.63
87 \$130,233.63 \$1,180.08 \$0.00 \$736.36 \$132,150.07
88 \$132,150.07 \$1,180.08 \$0.00 \$747.20 \$134,077.35
89 \$134,077.35 \$1,180.08 \$0.00 \$758.09 \$136,015.52
90 \$136,015.52 \$1,180.08 \$0.00 \$769.05 \$137,964.65
91 \$137,964.65 \$1,180.08 \$0.00 \$780.07 \$139,924.80
92 \$139,924.80 \$1,180.08 \$0.00 \$791.16 \$141,896.04
93 \$141,896.04 \$1,180.08 \$0.00 \$802.30 \$143,878.42
94 \$143,878.42 \$1,180.08 \$0.00 \$813.51 \$145,872.01
95 \$145,872.01 \$1,180.08 \$0.00 \$824.78 \$147,876.87
96 \$147,876.87 \$1,180.08 \$0.00 \$836.12 \$149,893.07
97 \$149,893.07 \$1,180.08 \$0.00 \$847.52 \$151,920.67
98 \$151,920.67 \$1,180.08 \$0.00 \$858.98 \$153,959.73
99 \$153,959.73 \$1,180.08 \$0.00 \$870.51 \$156,010.32
100 \$156,010.32 \$1,180.08 \$0.00 \$882.11 \$158,072.51
101 \$158,072.51 \$1,180.08 \$0.00 \$893.76 \$160,146.35
102 \$160,146.35 \$1,180.08 \$0.00 \$905.49 \$162,231.92
103 \$162,231.92 \$1,180.08 \$0.00 \$917.28 \$164,329.28
104 \$164,329.28 \$1,180.08 \$0.00 \$929.14 \$166,438.50
105 \$166,438.50 \$1,180.08 \$0.00 \$941.07 \$168,559.65
106 \$168,559.65 \$1,180.08 \$0.00 \$953.06 \$170,692.79
107 \$170,692.79 \$1,180.08 \$0.00 \$965.12 \$172,837.99
108 \$172,837.99 \$1,180.08 \$0.00 \$977.25 \$174,995.32
109 \$174,995.32 \$1,180.08 \$0.00 \$989.45 \$177,164.85
110 \$177,164.85 \$1,180.08 \$0.00 \$1,001.72 \$179,346.65
111 \$179,346.65 \$1,180.08 \$0.00 \$1,014.05 \$181,540.78
112 \$181,540.78 \$1,180.08 \$0.00 \$1,026.46 \$183,747.32
113 \$183,747.32 \$1,180.08 \$0.00 \$1,038.93 \$185,966.33
114 \$185,966.33 \$1,180.08 \$0.00 \$1,051.48 \$188,197.89
115 \$188,197.89 \$1,180.08 \$0.00 \$1,064.10 \$190,442.07
116 \$190,442.07 \$1,180.08 \$0.00 \$1,076.79 \$192,698.94
117 \$192,698.94 \$1,180.08 \$0.00 \$1,089.55 \$194,968.57
118 \$194,968.57 \$1,180.08 \$0.00 \$1,102.38 \$197,251.03
119 \$197,251.03 \$1,180.08 \$0.00 \$1,115.29 \$199,546.40
120 \$199,546.40 \$1,180.08 \$0.00 \$1,128.26 \$201,854.74
121 \$201,854.74 \$1,180.08 \$0.00 \$1,141.32 \$204,176.14
122 \$204,176.14 \$1,180.08 \$0.00 \$1,154.44 \$206,510.66
123 \$206,510.66 \$1,180.08 \$0.00 \$1,167.64 \$208,858.38
124 \$208,858.38 \$1,180.08 \$0.00 \$1,180.92 \$211,219.38
125 \$211,219.38 \$1,180.08 \$0.00 \$1,194.27 \$213,593.73
126 \$213,593.73 \$1,180.08 \$0.00 \$1,207.69 \$215,981.50
127 \$215,981.50 \$1,180.08 \$0.00 \$1,221.19 \$218,382.77
128 \$218,382.77 \$1,180.08 \$0.00 \$1,234.77 \$220,797.62
129 \$220,797.62 \$1,180.08 \$0.00 \$1,248.42 \$223,226.12
130 \$223,226.12 \$1,180.08 \$0.00 \$1,262.15 \$225,668.35
131 \$225,668.35 \$1,180.08 \$0.00 \$1,275.96 \$228,124.39
132 \$228,124.39 \$1,180.08 \$0.00 \$1,289.85 \$230,594.32
133 \$230,594.32 \$1,180.08 \$0.00 \$1,303.81 \$233,078.21
134 \$233,078.21 \$1,180.08 \$0.00 \$1,317.86 \$235,576.15
135 \$235,576.15 \$1,180.08 \$0.00 \$1,331.98 \$238,088.21
136 \$238,088.21 \$1,180.08 \$0.00 \$1,346.19 \$240,614.48
137 \$240,614.48 \$1,180.08 \$0.00 \$1,360.47 \$243,155.03
138 \$243,155.03 \$1,180.08 \$0.00 \$1,374.83 \$245,709.94
139 \$245,709.94 \$1,180.08 \$0.00 \$1,389.28 \$248,279.30
140 \$248,279.30 \$1,180.08 \$0.00 \$1,403.81 \$250,863.19
141 \$250,863.19 \$1,180.08 \$0.00 \$1,418.42 \$253,461.69
142 \$253,461.69 \$1,180.08 \$0.00 \$1,433.11 \$256,074.88
143 \$256,074.88 \$1,180.08 \$0.00 \$1,447.88 \$258,702.84
144 \$258,702.84 \$1,180.08 \$0.00 \$1,462.74 \$261,345.66
145 \$261,345.66 \$1,180.08 \$0.00 \$1,477.69 \$264,003.43
146 \$264,003.43 \$1,180.08 \$0.00 \$1,492.71 \$266,676.22
147 \$266,676.22 \$1,180.08 \$0.00 \$1,507.83 \$269,364.13
148 \$269,364.13 \$1,180.08 \$0.00 \$1,523.02 \$272,067.23
149 \$272,067.23 \$1,180.08 \$0.00 \$1,538.31 \$274,785.62
150 \$274,785.62 \$1,180.08 \$0.00 \$1,553.68 \$277,519.38
151 \$277,519.38 \$1,180.08 \$0.00 \$1,569.13 \$280,268.59
152 \$280,268.59 \$1,180.08 \$0.00 \$1,584.68 \$283,033.35
153 \$283,033.35 \$1,180.08 \$0.00 \$1,600.31 \$285,813.74
154 \$285,813.74 \$1,180.08 \$0.00 \$1,616.03 \$288,609.85
155 \$288,609.85 \$1,180.08 \$0.00 \$1,631.84 \$291,421.77
156 \$291,421.77 \$1,180.08 \$0.00 \$1,647.74 \$294,249.59
157 \$294,249.59 \$1,180.08 \$0.00 \$1,663.73 \$297,093.40
158 \$297,093.40 \$1,180.08 \$0.00 \$1,679.81 \$299,953.29
159 \$299,953.29 \$1,180.08 \$0.00 \$1,695.98 \$302,829.35
160 \$302,829.35 \$1,180.08 \$0.00 \$1,712.24 \$305,721.67
161 \$305,721.67 \$1,180.08 \$0.00 \$1,728.59 \$308,630.34
162 \$308,630.34 \$1,180.08 \$0.00 \$1,745.04 \$311,555.46
163 \$311,555.46 \$1,180.08 \$0.00 \$1,761.58 \$314,497.12
164 \$314,497.12 \$1,180.08 \$0.00 \$1,778.21 \$317,455.41
165 \$317,455.41 \$1,180.08 \$0.00 \$1,794.94 \$320,430.43
166 \$320,430.43 \$1,180.08 \$0.00 \$1,811.76 \$323,422.27
167 \$323,422.27 \$1,180.08 \$0.00 \$1,828.68 \$326,431.03
168 \$326,431.03 \$1,180.08 \$0.00 \$1,845.69 \$329,456.80
169 \$329,456.80 \$1,180.08 \$0.00 \$1,862.80 \$332,499.68
170 \$332,499.68 \$1,180.08 \$0.00 \$1,880.00 \$335,559.76
171 \$335,559.76 \$1,180.08 \$0.00 \$1,897.30 \$338,637.14
172 \$338,637.14 \$1,180.08 \$0.00 \$1,914.70 \$341,731.92
173 \$341,731.92 \$1,180.08 \$0.00 \$1,932.20 \$344,844.20
174 \$344,844.20 \$1,180.08 \$0.00 \$1,949.80 \$347,974.08
175 \$347,974.08 \$1,180.08 \$0.00 \$1,967.50 \$351,121.66
176 \$351,121.66 \$1,180.08 \$0.00 \$1,985.29 \$354,287.03
177 \$354,287.03 \$1,180.08 \$0.00 \$2,003.19 \$357,470.30
178 \$357,470.30 \$1,180.08 \$0.00 \$2,021.19 \$360,671.57
179 \$360,671.57 \$1,180.08 \$0.00 \$2,039.29 \$363,890.94
180 \$363,890.94 \$1,180.08 \$0.00 \$2,057.49 \$367,128.51
181 \$367,128.51 \$1,180.08 \$0.00 \$2,075.80 \$370,384.39
182 \$370,384.39 \$1,180.08 \$0.00 \$2,094.21 \$373,658.68
183 \$373,658.68 \$1,180.08 \$0.00 \$2,112.72 \$376,951.48
184 \$376,951.48 \$1,180.08 \$0.00 \$2,131.34 \$380,262.90
185 \$380,262.90 \$1,180.08 \$0.00 \$2,150.06 \$383,593.04
186 \$383,593.04 \$1,180.08 \$0.00 \$2,168.89 \$386,942.01
187 \$386,942.01 \$1,180.08 \$0.00 \$2,187.83 \$390,309.92
188 \$390,309.92 \$1,180.08 \$0.00 \$2,206.87 \$393,696.87
189 \$393,696.87 \$1,180.08 \$0.00 \$2,226.02 \$397,102.97
190 \$397,102.97 \$1,180.08 \$0.00 \$2,245.28 \$400,528.33
191 \$400,528.33 \$1,180.08 \$0.00 \$2,264.65 \$403,973.06
192 \$403,973.06 \$1,180.08 \$0.00 \$2,284.12 \$407,437.26
193 \$407,437.26 \$1,180.08 \$0.00 \$2,303.71 \$410,921.05
194 \$410,921.05 \$1,180.08 \$0.00 \$2,323.41 \$414,424.54
195 \$414,424.54 \$1,180.08 \$0.00 \$2,343.22 \$417,947.84
196 \$417,947.84 \$1,180.08 \$0.00 \$2,363.14 \$421,491.06
197 \$421,491.06 \$1,180.08 \$0.00 \$2,383.17 \$425,054.31
198 \$425,054.31 \$1,180.08 \$0.00 \$2,403.32 \$428,637.71
199 \$428,637.71 \$1,180.08 \$0.00 \$2,423.58 \$432,241.37
200 \$432,241.37 \$1,180.08 \$0.00 \$2,443.96 \$435,865.41
201 \$435,865.41 \$1,180.08 \$0.00 \$2,464.45 \$439,509.94
202 \$439,509.94 \$1,180.08 \$0.00 \$2,485.05 \$443,175.07
203 \$443,175.07 \$1,180.08 \$0.00 \$2,505.78 \$446,860.93
204 \$446,860.93 \$1,180.08 \$0.00 \$2,526.62 \$450,567.63
205 \$450,567.63 \$1,180.08 \$0.00 \$2,547.57 \$454,295.28
206 \$454,295.28 \$1,180.08 \$0.00 \$2,568.65 \$458,044.01
207 \$458,044.01 \$1,180.08 \$0.00 \$2,589.85 \$461,813.94
208 \$461,813.94 \$1,180.08 \$0.00 \$2,611.16 \$465,605.18
209 \$465,605.18 \$1,180.08 \$0.00 \$2,632.60 \$469,417.86
210 \$469,417.86 \$1,180.08 \$0.00 \$2,654.16 \$473,252.10
211 \$473,252.10 \$1,180.08 \$0.00 \$2,675.84 \$477,108.02
212 \$477,108.02 \$1,180.08 \$0.00 \$2,697.64 \$480,985.74
213 \$480,985.74 \$1,180.08 \$0.00 \$2,719.56 \$484,885.38
214 \$484,885.38 \$1,180.08 \$0.00 \$2,741.61 \$488,807.07
215 \$488,807.07 \$1,180.08 \$0.00 \$2,763.79 \$492,750.94
216 \$492,750.94 \$1,180.08 \$0.00 \$2,786.09 \$496,717.11
217 \$496,717.11 \$1,180.08 \$138,351.73 \$2,808.51 \$362,353.97
218 \$362,353.97 \$1,180.08 \$0.00 \$2,048.80 \$365,582.85
219 \$365,582.85 \$1,180.08 \$0.00 \$2,067.06 \$368,829.99
220 \$368,829.99 \$1,180.08 \$0.00 \$2,085.42 \$372,095.49
221 \$372,095.49 \$1,180.08 \$0.00 \$2,103.88 \$375,379.45
222 \$375,379.45 \$1,180.08 \$0.00 \$2,122.45 \$378,681.98
223 \$378,681.98 \$1,180.08 \$0.00 \$2,141.12 \$382,003.18
224 \$382,003.18 \$1,180.08 \$0.00 \$2,159.90 \$385,343.16
225 \$385,343.16 \$1,180.08 \$0.00 \$2,178.79 \$388,702.03
226 \$388,702.03 \$1,180.08 \$0.00 \$2,197.78 \$392,079.89
227 \$392,079.89 \$1,180.08 \$0.00 \$2,216.88 \$395,476.85
228 \$395,476.85 \$1,180.08 \$0.00 \$2,236.08 \$398,893.01
229 \$398,893.01 \$1,180.08 \$145,269.31 \$2,255.40 \$257,059.18
230 \$257,059.18 \$1,180.08 \$0.00 \$1,453.45 \$259,692.71
231 \$259,692.71 \$1,180.08 \$0.00 \$1,468.34 \$262,341.13
232 \$262,341.13 \$1,180.08 \$0.00 \$1,483.31 \$265,004.52
233 \$265,004.52 \$1,180.08 \$0.00 \$1,498.37 \$267,682.97
234 \$267,682.97 \$1,180.08 \$0.00 \$1,513.52 \$270,376.57
235 \$270,376.57 \$1,180.08 \$0.00 \$1,528.75 \$273,085.40
236 \$273,085.40 \$1,180.08 \$0.00 \$1,544.06 \$275,809.54
237 \$275,809.54 \$1,180.08 \$0.00 \$1,559.47 \$278,549.09
238 \$278,549.09 \$1,180.08 \$0.00 \$1,574.96 \$281,304.13
239 \$281,304.13 \$1,180.08 \$0.00 \$1,590.53 \$284,074.74
240 \$284,074.74 \$1,180.08 \$0.00 \$1,606.20 \$286,861.02
241 \$286,861.02 \$1,180.08 \$152,532.78 \$1,621.95 \$137,130.27
242 \$137,130.27 \$1,180.08 \$0.00 \$775.35 \$139,085.70
243 \$139,085.70 \$1,180.08 \$0.00 \$786.41 \$141,052.19
244 \$141,052.19 \$1,180.08 \$0.00 \$797.53 \$143,029.80
245 \$143,029.80 \$1,180.08 \$0.00 \$808.71 \$145,018.59
246 \$145,018.59 \$1,180.08 \$0.00 \$819.96 \$147,018.63
247 \$147,018.63 \$1,180.08 \$0.00 \$831.26 \$149,029.97
248 \$149,029.97 \$1,180.08 \$0.00 \$842.64 \$151,052.69
249 \$151,052.69 \$1,180.08 \$0.00 \$854.07 \$153,086.84
250 \$153,086.84 \$1,180.08 \$0.00 \$865.58 \$155,132.50
251 \$155,132.50 \$1,180.08 \$0.00 \$877.14 \$157,189.72
252 \$157,189.72 \$1,180.08 \$0.00 \$888.77 \$159,258.57
253 \$159,258.57 \$0.00 \$160,159.42 \$900.47 (\$0.38)