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0 Assume that your parents wanted to have $180,000 saved for college by your fath birthday and they started saving on your first birthday. They

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0 Assume that your parents wanted to have $180,000 saved for college by your fath birthday and they started saving on your first birthday. They saved the same amount each year on your birthday and earned 6.5% per year on their investments b. If they think you will take five years instead of four to graduate and decide to have $220,000 saved just in case, how much would they have to see each year to reach their new goal? a. How much would they have to save each year to reach their goal? To reach the goal of $180,000, the amount they have to save each year is Round to the nearest) b. If they think you will take five years instead of four to graduate and decide to have $220,000 saved just in case, how much would they have to save each year to reach their new goal? To reach the goal of $220,000, the amount they have to save each year is (Round to the nearest cent)

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