## Savings Plan and Future Cost Estimation

 Estimated Annual Cost in 2037 \$163,782 Monthly savings required \$1,296

How much will it cost to send your child to Rice University in 18 years and how much do you need to save?  A 4 year degree is estimated to be priced at \$655,127.18 for students enrolling in 2037 if tuition increases average 5% per year until then.   Assuming you have no current college savings, monthly deposits of \$1,296.47 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 \$63,158.00 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 Rice University in the future.

## College Savings Schedule

Month Begin Deposit Withdraw Interest End
1 \$0.00 \$1,296.47 \$0.00 \$0.00 \$1,296.47
2 \$1,296.47 \$1,296.47 \$0.00 \$7.33 \$2,600.27
3 \$2,600.27 \$1,296.47 \$0.00 \$14.70 \$3,911.44
4 \$3,911.44 \$1,296.47 \$0.00 \$22.12 \$5,230.03
5 \$5,230.03 \$1,296.47 \$0.00 \$29.57 \$6,556.07
6 \$6,556.07 \$1,296.47 \$0.00 \$37.07 \$7,889.61
7 \$7,889.61 \$1,296.47 \$0.00 \$44.61 \$9,230.69
8 \$9,230.69 \$1,296.47 \$0.00 \$52.19 \$10,579.35
9 \$10,579.35 \$1,296.47 \$0.00 \$59.82 \$11,935.64
10 \$11,935.64 \$1,296.47 \$0.00 \$67.49 \$13,299.60
11 \$13,299.60 \$1,296.47 \$0.00 \$75.20 \$14,671.27
12 \$14,671.27 \$1,296.47 \$0.00 \$82.95 \$16,050.69
13 \$16,050.69 \$1,296.47 \$0.00 \$90.75 \$17,437.91
14 \$17,437.91 \$1,296.47 \$0.00 \$98.60 \$18,832.98
15 \$18,832.98 \$1,296.47 \$0.00 \$106.48 \$20,235.93
16 \$20,235.93 \$1,296.47 \$0.00 \$114.42 \$21,646.82
17 \$21,646.82 \$1,296.47 \$0.00 \$122.39 \$23,065.68
18 \$23,065.68 \$1,296.47 \$0.00 \$130.42 \$24,492.57
19 \$24,492.57 \$1,296.47 \$0.00 \$138.48 \$25,927.52
20 \$25,927.52 \$1,296.47 \$0.00 \$146.60 \$27,370.59
21 \$27,370.59 \$1,296.47 \$0.00 \$154.76 \$28,821.82
22 \$28,821.82 \$1,296.47 \$0.00 \$162.96 \$30,281.25
23 \$30,281.25 \$1,296.47 \$0.00 \$171.21 \$31,748.93
24 \$31,748.93 \$1,296.47 \$0.00 \$179.51 \$33,224.91
25 \$33,224.91 \$1,296.47 \$0.00 \$187.86 \$34,709.24
26 \$34,709.24 \$1,296.47 \$0.00 \$196.25 \$36,201.96
27 \$36,201.96 \$1,296.47 \$0.00 \$204.69 \$37,703.12
28 \$37,703.12 \$1,296.47 \$0.00 \$213.18 \$39,212.77
29 \$39,212.77 \$1,296.47 \$0.00 \$221.71 \$40,730.95
30 \$40,730.95 \$1,296.47 \$0.00 \$230.30 \$42,257.72
31 \$42,257.72 \$1,296.47 \$0.00 \$238.93 \$43,793.12
32 \$43,793.12 \$1,296.47 \$0.00 \$247.61 \$45,337.20
33 \$45,337.20 \$1,296.47 \$0.00 \$256.34 \$46,890.01
34 \$46,890.01 \$1,296.47 \$0.00 \$265.12 \$48,451.60
35 \$48,451.60 \$1,296.47 \$0.00 \$273.95 \$50,022.02
36 \$50,022.02 \$1,296.47 \$0.00 \$282.83 \$51,601.32
37 \$51,601.32 \$1,296.47 \$0.00 \$291.76 \$53,189.55
38 \$53,189.55 \$1,296.47 \$0.00 \$300.74 \$54,786.76
39 \$54,786.76 \$1,296.47 \$0.00 \$309.77 \$56,393.00
40 \$56,393.00 \$1,296.47 \$0.00 \$318.85 \$58,008.32
41 \$58,008.32 \$1,296.47 \$0.00 \$327.99 \$59,632.78
42 \$59,632.78 \$1,296.47 \$0.00 \$337.17 \$61,266.42
43 \$61,266.42 \$1,296.47 \$0.00 \$346.41 \$62,909.30
44 \$62,909.30 \$1,296.47 \$0.00 \$355.70 \$64,561.47
45 \$64,561.47 \$1,296.47 \$0.00 \$365.04 \$66,222.98
46 \$66,222.98 \$1,296.47 \$0.00 \$374.43 \$67,893.88
47 \$67,893.88 \$1,296.47 \$0.00 \$383.88 \$69,574.23
48 \$69,574.23 \$1,296.47 \$0.00 \$393.38 \$71,264.08
49 \$71,264.08 \$1,296.47 \$0.00 \$402.94 \$72,963.49
50 \$72,963.49 \$1,296.47 \$0.00 \$412.55 \$74,672.51
51 \$74,672.51 \$1,296.47 \$0.00 \$422.21 \$76,391.19
52 \$76,391.19 \$1,296.47 \$0.00 \$431.93 \$78,119.59
53 \$78,119.59 \$1,296.47 \$0.00 \$441.70 \$79,857.76
54 \$79,857.76 \$1,296.47 \$0.00 \$451.53 \$81,605.76
55 \$81,605.76 \$1,296.47 \$0.00 \$461.41 \$83,363.64
56 \$83,363.64 \$1,296.47 \$0.00 \$471.35 \$85,131.46
57 \$85,131.46 \$1,296.47 \$0.00 \$481.35 \$86,909.28
58 \$86,909.28 \$1,296.47 \$0.00 \$491.40 \$88,697.15
59 \$88,697.15 \$1,296.47 \$0.00 \$501.51 \$90,495.13
60 \$90,495.13 \$1,296.47 \$0.00 \$511.67 \$92,303.27
61 \$92,303.27 \$1,296.47 \$0.00 \$521.90 \$94,121.64
62 \$94,121.64 \$1,296.47 \$0.00 \$532.18 \$95,950.29
63 \$95,950.29 \$1,296.47 \$0.00 \$542.52 \$97,789.28
64 \$97,789.28 \$1,296.47 \$0.00 \$552.91 \$99,638.66
65 \$99,638.66 \$1,296.47 \$0.00 \$563.37 \$101,498.50
66 \$101,498.50 \$1,296.47 \$0.00 \$573.89 \$103,368.86
67 \$103,368.86 \$1,296.47 \$0.00 \$584.46 \$105,249.79
68 \$105,249.79 \$1,296.47 \$0.00 \$595.10 \$107,141.36
69 \$107,141.36 \$1,296.47 \$0.00 \$605.79 \$109,043.62
70 \$109,043.62 \$1,296.47 \$0.00 \$616.55 \$110,956.64
71 \$110,956.64 \$1,296.47 \$0.00 \$627.36 \$112,880.47
72 \$112,880.47 \$1,296.47 \$0.00 \$638.24 \$114,815.18
73 \$114,815.18 \$1,296.47 \$0.00 \$649.18 \$116,760.83
74 \$116,760.83 \$1,296.47 \$0.00 \$660.18 \$118,717.48
75 \$118,717.48 \$1,296.47 \$0.00 \$671.25 \$120,685.20
76 \$120,685.20 \$1,296.47 \$0.00 \$682.37 \$122,664.04
77 \$122,664.04 \$1,296.47 \$0.00 \$693.56 \$124,654.07
78 \$124,654.07 \$1,296.47 \$0.00 \$704.81 \$126,655.35
79 \$126,655.35 \$1,296.47 \$0.00 \$716.13 \$128,667.95
80 \$128,667.95 \$1,296.47 \$0.00 \$727.51 \$130,691.93
81 \$130,691.93 \$1,296.47 \$0.00 \$738.95 \$132,727.35
82 \$132,727.35 \$1,296.47 \$0.00 \$750.46 \$134,774.28
83 \$134,774.28 \$1,296.47 \$0.00 \$762.03 \$136,832.78
84 \$136,832.78 \$1,296.47 \$0.00 \$773.67 \$138,902.92
85 \$138,902.92 \$1,296.47 \$0.00 \$785.38 \$140,984.77
86 \$140,984.77 \$1,296.47 \$0.00 \$797.15 \$143,078.39
87 \$143,078.39 \$1,296.47 \$0.00 \$808.99 \$145,183.85
88 \$145,183.85 \$1,296.47 \$0.00 \$820.89 \$147,301.21
89 \$147,301.21 \$1,296.47 \$0.00 \$832.86 \$149,430.54
90 \$149,430.54 \$1,296.47 \$0.00 \$844.90 \$151,571.91
91 \$151,571.91 \$1,296.47 \$0.00 \$857.01 \$153,725.39
92 \$153,725.39 \$1,296.47 \$0.00 \$869.19 \$155,891.05
93 \$155,891.05 \$1,296.47 \$0.00 \$881.43 \$158,068.95
94 \$158,068.95 \$1,296.47 \$0.00 \$893.74 \$160,259.16
95 \$160,259.16 \$1,296.47 \$0.00 \$906.13 \$162,461.76
96 \$162,461.76 \$1,296.47 \$0.00 \$918.58 \$164,676.81
97 \$164,676.81 \$1,296.47 \$0.00 \$931.11 \$166,904.39
98 \$166,904.39 \$1,296.47 \$0.00 \$943.70 \$169,144.56
99 \$169,144.56 \$1,296.47 \$0.00 \$956.37 \$171,397.40
100 \$171,397.40 \$1,296.47 \$0.00 \$969.11 \$173,662.98
101 \$173,662.98 \$1,296.47 \$0.00 \$981.92 \$175,941.37
102 \$175,941.37 \$1,296.47 \$0.00 \$994.80 \$178,232.64
103 \$178,232.64 \$1,296.47 \$0.00 \$1,007.75 \$180,536.86
104 \$180,536.86 \$1,296.47 \$0.00 \$1,020.78 \$182,854.11
105 \$182,854.11 \$1,296.47 \$0.00 \$1,033.88 \$185,184.46
106 \$185,184.46 \$1,296.47 \$0.00 \$1,047.06 \$187,527.99
107 \$187,527.99 \$1,296.47 \$0.00 \$1,060.31 \$189,884.77
108 \$189,884.77 \$1,296.47 \$0.00 \$1,073.64 \$192,254.88
109 \$192,254.88 \$1,296.47 \$0.00 \$1,087.04 \$194,638.39
110 \$194,638.39 \$1,296.47 \$0.00 \$1,100.51 \$197,035.37
111 \$197,035.37 \$1,296.47 \$0.00 \$1,114.07 \$199,445.91
112 \$199,445.91 \$1,296.47 \$0.00 \$1,127.70 \$201,870.08
113 \$201,870.08 \$1,296.47 \$0.00 \$1,141.40 \$204,307.95
114 \$204,307.95 \$1,296.47 \$0.00 \$1,155.19 \$206,759.61
115 \$206,759.61 \$1,296.47 \$0.00 \$1,169.05 \$209,225.13
116 \$209,225.13 \$1,296.47 \$0.00 \$1,182.99 \$211,704.59
117 \$211,704.59 \$1,296.47 \$0.00 \$1,197.01 \$214,198.07
118 \$214,198.07 \$1,296.47 \$0.00 \$1,211.11 \$216,705.65
119 \$216,705.65 \$1,296.47 \$0.00 \$1,225.29 \$219,227.41
120 \$219,227.41 \$1,296.47 \$0.00 \$1,239.54 \$221,763.42
121 \$221,763.42 \$1,296.47 \$0.00 \$1,253.88 \$224,313.77
122 \$224,313.77 \$1,296.47 \$0.00 \$1,268.30 \$226,878.54
123 \$226,878.54 \$1,296.47 \$0.00 \$1,282.80 \$229,457.81
124 \$229,457.81 \$1,296.47 \$0.00 \$1,297.39 \$232,051.67
125 \$232,051.67 \$1,296.47 \$0.00 \$1,312.05 \$234,660.19
126 \$234,660.19 \$1,296.47 \$0.00 \$1,326.80 \$237,283.46
127 \$237,283.46 \$1,296.47 \$0.00 \$1,341.64 \$239,921.57
128 \$239,921.57 \$1,296.47 \$0.00 \$1,356.55 \$242,574.59
129 \$242,574.59 \$1,296.47 \$0.00 \$1,371.55 \$245,242.61
130 \$245,242.61 \$1,296.47 \$0.00 \$1,386.64 \$247,925.72
131 \$247,925.72 \$1,296.47 \$0.00 \$1,401.81 \$250,624.00
132 \$250,624.00 \$1,296.47 \$0.00 \$1,417.06 \$253,337.53
133 \$253,337.53 \$1,296.47 \$0.00 \$1,432.41 \$256,066.41
134 \$256,066.41 \$1,296.47 \$0.00 \$1,447.84 \$258,810.72
135 \$258,810.72 \$1,296.47 \$0.00 \$1,463.35 \$261,570.54
136 \$261,570.54 \$1,296.47 \$0.00 \$1,478.96 \$264,345.97
137 \$264,345.97 \$1,296.47 \$0.00 \$1,494.65 \$267,137.09
138 \$267,137.09 \$1,296.47 \$0.00 \$1,510.43 \$269,943.99
139 \$269,943.99 \$1,296.47 \$0.00 \$1,526.30 \$272,766.76
140 \$272,766.76 \$1,296.47 \$0.00 \$1,542.26 \$275,605.49
141 \$275,605.49 \$1,296.47 \$0.00 \$1,558.31 \$278,460.27
142 \$278,460.27 \$1,296.47 \$0.00 \$1,574.45 \$281,331.19
143 \$281,331.19 \$1,296.47 \$0.00 \$1,590.69 \$284,218.35
144 \$284,218.35 \$1,296.47 \$0.00 \$1,607.01 \$287,121.83
145 \$287,121.83 \$1,296.47 \$0.00 \$1,623.43 \$290,041.73
146 \$290,041.73 \$1,296.47 \$0.00 \$1,639.94 \$292,978.14
147 \$292,978.14 \$1,296.47 \$0.00 \$1,656.54 \$295,931.15
148 \$295,931.15 \$1,296.47 \$0.00 \$1,673.24 \$298,900.86
149 \$298,900.86 \$1,296.47 \$0.00 \$1,690.03 \$301,887.36
150 \$301,887.36 \$1,296.47 \$0.00 \$1,706.92 \$304,890.75
151 \$304,890.75 \$1,296.47 \$0.00 \$1,723.90 \$307,911.12
152 \$307,911.12 \$1,296.47 \$0.00 \$1,740.97 \$310,948.56
153 \$310,948.56 \$1,296.47 \$0.00 \$1,758.15 \$314,003.18
154 \$314,003.18 \$1,296.47 \$0.00 \$1,775.42 \$317,075.07
155 \$317,075.07 \$1,296.47 \$0.00 \$1,792.79 \$320,164.33
156 \$320,164.33 \$1,296.47 \$0.00 \$1,810.26 \$323,271.06
157 \$323,271.06 \$1,296.47 \$0.00 \$1,827.82 \$326,395.35
158 \$326,395.35 \$1,296.47 \$0.00 \$1,845.49 \$329,537.31
159 \$329,537.31 \$1,296.47 \$0.00 \$1,863.25 \$332,697.03
160 \$332,697.03 \$1,296.47 \$0.00 \$1,881.12 \$335,874.62
161 \$335,874.62 \$1,296.47 \$0.00 \$1,899.08 \$339,070.17
162 \$339,070.17 \$1,296.47 \$0.00 \$1,917.15 \$342,283.79
163 \$342,283.79 \$1,296.47 \$0.00 \$1,935.32 \$345,515.58
164 \$345,515.58 \$1,296.47 \$0.00 \$1,953.60 \$348,765.65
165 \$348,765.65 \$1,296.47 \$0.00 \$1,971.97 \$352,034.09
166 \$352,034.09 \$1,296.47 \$0.00 \$1,990.45 \$355,321.01
167 \$355,321.01 \$1,296.47 \$0.00 \$2,009.04 \$358,626.52
168 \$358,626.52 \$1,296.47 \$0.00 \$2,027.73 \$361,950.72
169 \$361,950.72 \$1,296.47 \$0.00 \$2,046.52 \$365,293.71
170 \$365,293.71 \$1,296.47 \$0.00 \$2,065.42 \$368,655.60
171 \$368,655.60 \$1,296.47 \$0.00 \$2,084.43 \$372,036.50
172 \$372,036.50 \$1,296.47 \$0.00 \$2,103.55 \$375,436.52
173 \$375,436.52 \$1,296.47 \$0.00 \$2,122.77 \$378,855.76
174 \$378,855.76 \$1,296.47 \$0.00 \$2,142.11 \$382,294.34
175 \$382,294.34 \$1,296.47 \$0.00 \$2,161.55 \$385,752.36
176 \$385,752.36 \$1,296.47 \$0.00 \$2,181.10 \$389,229.93
177 \$389,229.93 \$1,296.47 \$0.00 \$2,200.76 \$392,727.16
178 \$392,727.16 \$1,296.47 \$0.00 \$2,220.54 \$396,244.17
179 \$396,244.17 \$1,296.47 \$0.00 \$2,240.42 \$399,781.06
180 \$399,781.06 \$1,296.47 \$0.00 \$2,260.42 \$403,337.95
181 \$403,337.95 \$1,296.47 \$0.00 \$2,280.53 \$406,914.95
182 \$406,914.95 \$1,296.47 \$0.00 \$2,300.76 \$410,512.18
183 \$410,512.18 \$1,296.47 \$0.00 \$2,321.10 \$414,129.75
184 \$414,129.75 \$1,296.47 \$0.00 \$2,341.55 \$417,767.77
185 \$417,767.77 \$1,296.47 \$0.00 \$2,362.12 \$421,426.36
186 \$421,426.36 \$1,296.47 \$0.00 \$2,382.81 \$425,105.64
187 \$425,105.64 \$1,296.47 \$0.00 \$2,403.61 \$428,805.72
188 \$428,805.72 \$1,296.47 \$0.00 \$2,424.53 \$432,526.72
189 \$432,526.72 \$1,296.47 \$0.00 \$2,445.57 \$436,268.76
190 \$436,268.76 \$1,296.47 \$0.00 \$2,466.73 \$440,031.96
191 \$440,031.96 \$1,296.47 \$0.00 \$2,488.00 \$443,816.43
192 \$443,816.43 \$1,296.47 \$0.00 \$2,509.40 \$447,622.30
193 \$447,622.30 \$1,296.47 \$0.00 \$2,530.92 \$451,449.69
194 \$451,449.69 \$1,296.47 \$0.00 \$2,552.56 \$455,298.72
195 \$455,298.72 \$1,296.47 \$0.00 \$2,574.33 \$459,169.52
196 \$459,169.52 \$1,296.47 \$0.00 \$2,596.21 \$463,062.20
197 \$463,062.20 \$1,296.47 \$0.00 \$2,618.22 \$466,976.89
198 \$466,976.89 \$1,296.47 \$0.00 \$2,640.36 \$470,913.72
199 \$470,913.72 \$1,296.47 \$0.00 \$2,662.61 \$474,872.80
200 \$474,872.80 \$1,296.47 \$0.00 \$2,685.00 \$478,854.27
201 \$478,854.27 \$1,296.47 \$0.00 \$2,707.51 \$482,858.25
202 \$482,858.25 \$1,296.47 \$0.00 \$2,730.15 \$486,884.87
203 \$486,884.87 \$1,296.47 \$0.00 \$2,752.92 \$490,934.26
204 \$490,934.26 \$1,296.47 \$0.00 \$2,775.81 \$495,006.54
205 \$495,006.54 \$1,296.47 \$0.00 \$2,798.84 \$499,101.85
206 \$499,101.85 \$1,296.47 \$0.00 \$2,821.99 \$503,220.31
207 \$503,220.31 \$1,296.47 \$0.00 \$2,845.28 \$507,362.06
208 \$507,362.06 \$1,296.47 \$0.00 \$2,868.70 \$511,527.23
209 \$511,527.23 \$1,296.47 \$0.00 \$2,892.25 \$515,715.95
210 \$515,715.95 \$1,296.47 \$0.00 \$2,915.93 \$519,928.35
211 \$519,928.35 \$1,296.47 \$0.00 \$2,939.75 \$524,164.57
212 \$524,164.57 \$1,296.47 \$0.00 \$2,963.70 \$528,424.74
213 \$528,424.74 \$1,296.47 \$0.00 \$2,987.79 \$532,709.00
214 \$532,709.00 \$1,296.47 \$0.00 \$3,012.01 \$537,017.48
215 \$537,017.48 \$1,296.47 \$0.00 \$3,036.37 \$541,350.32
216 \$541,350.32 \$1,296.47 \$0.00 \$3,060.87 \$545,707.66
217 \$545,707.66 \$1,296.47 \$151,997.26 \$3,085.51 \$398,092.38
218 \$398,092.38 \$1,296.47 \$0.00 \$2,250.87 \$401,639.72
219 \$401,639.72 \$1,296.47 \$0.00 \$2,270.93 \$405,207.12
220 \$405,207.12 \$1,296.47 \$0.00 \$2,291.10 \$408,794.69
221 \$408,794.69 \$1,296.47 \$0.00 \$2,311.38 \$412,402.54
222 \$412,402.54 \$1,296.47 \$0.00 \$2,331.78 \$416,030.79
223 \$416,030.79 \$1,296.47 \$0.00 \$2,352.30 \$419,679.56
224 \$419,679.56 \$1,296.47 \$0.00 \$2,372.93 \$423,348.96
225 \$423,348.96 \$1,296.47 \$0.00 \$2,393.68 \$427,039.11
226 \$427,039.11 \$1,296.47 \$0.00 \$2,414.54 \$430,750.12
227 \$430,750.12 \$1,296.47 \$0.00 \$2,435.52 \$434,482.11
228 \$434,482.11 \$1,296.47 \$0.00 \$2,456.63 \$438,235.21
229 \$438,235.21 \$1,296.47 \$159,597.12 \$2,477.85 \$282,412.41
230 \$282,412.41 \$1,296.47 \$0.00 \$1,596.80 \$285,305.68
231 \$285,305.68 \$1,296.47 \$0.00 \$1,613.16 \$288,215.31
232 \$288,215.31 \$1,296.47 \$0.00 \$1,629.61 \$291,141.39
233 \$291,141.39 \$1,296.47 \$0.00 \$1,646.16 \$294,084.02
234 \$294,084.02 \$1,296.47 \$0.00 \$1,662.79 \$297,043.28
235 \$297,043.28 \$1,296.47 \$0.00 \$1,679.53 \$300,019.28
236 \$300,019.28 \$1,296.47 \$0.00 \$1,696.35 \$303,012.10
237 \$303,012.10 \$1,296.47 \$0.00 \$1,713.27 \$306,021.84
238 \$306,021.84 \$1,296.47 \$0.00 \$1,730.29 \$309,048.60
239 \$309,048.60 \$1,296.47 \$0.00 \$1,747.41 \$312,092.48
240 \$312,092.48 \$1,296.47 \$0.00 \$1,764.62 \$315,153.57
241 \$315,153.57 \$1,296.47 \$167,576.98 \$1,781.92 \$150,654.98
242 \$150,654.98 \$1,296.47 \$0.00 \$851.83 \$152,803.28
243 \$152,803.28 \$1,296.47 \$0.00 \$863.97 \$154,963.72
244 \$154,963.72 \$1,296.47 \$0.00 \$876.19 \$157,136.38
245 \$157,136.38 \$1,296.47 \$0.00 \$888.47 \$159,321.32
246 \$159,321.32 \$1,296.47 \$0.00 \$900.83 \$161,518.62
247 \$161,518.62 \$1,296.47 \$0.00 \$913.25 \$163,728.34
248 \$163,728.34 \$1,296.47 \$0.00 \$925.74 \$165,950.55
249 \$165,950.55 \$1,296.47 \$0.00 \$938.31 \$168,185.33
250 \$168,185.33 \$1,296.47 \$0.00 \$950.94 \$170,432.74
251 \$170,432.74 \$1,296.47 \$0.00 \$963.65 \$172,692.86
252 \$172,692.86 \$1,296.47 \$0.00 \$976.43 \$174,965.76
253 \$174,965.76 \$0.00 \$175,955.83 \$989.28 (\$0.79)