(17) Suppose Alice puts $12,000 into a savings account that pays an ef- fective annual interest of 3% compounded annually for 15 years. The interest is credited to her account at the end of each year. If Alice withdraws any money from her account during the first 10 ten years there will be a penalty of 5% of the withdrawal amount. To help pay for the education of her son, Alice withdraws T from her account at the end of years 8, 9, 10, and 11. The balance of her account at the end of the 15th year is $12,000. Find the value of T