At your birth, your grandmother invested $5000 in a trust fund at 8% (compounded yearly) to cover your future studies. You are now 20 years old and starting your degree. Tuition payment is $20,000 and you expect to spend an additional $6000 on living expenses. You also wish to buy a used car for $2000. Your priorities are tuition first, then living expenses and finally the car. Which of the following best describes your situation?