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1981 Question 2 4 pts You child, Edna, will be off to college next year. Your rich Aunt Edna just told you that because she

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1981 Question 2 4 pts You child, Edna, will be off to college next year. Your rich Aunt Edna just told you that because she likes your child's name so much. she will deposit an amount today in the bank to pay for Edna's entire college education. The college has a payment plan where you can make payments every six months for 4 years. The required nents start in six months and are $25,000, $25.000, $26,000, $26.000. $29.000 $29.000, $34.000, $34,000. How much should Aunt Edna deposit into the bank if the bank will pay an effective annual 2.50% interest rate over the 4-year period? $215,066 $218,066 $221.066 $224,066 Question 3 4 pts

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