Clipboard image Tool Your grandmother has been putting $1,000 into a savings account on every birthday since your first (that is, when you turned one). The account pays an interest rate of 7% How much money will be in the account immediately after your grandmother makes the deposit on your 18th birthday The amount in the account upon your 18th birthday is $(Round to the nearest dollar) You figure that the total cost of college will be $110,000 per year 18 years from today. If your discount rate is 4% compounded annually, what is the present value today of four years of college costs starting 18 years from today? The present vakre today of four years of college costs starting 18 years from today is (Round to the nearest dollar)