. College tuition is 20,000 for the current school year, payable in full at the beginning of the school year. College tuition will grow at an annual rate of 3.0% A parent sets up a college savings fund earning interest at an annual effective rate of 6.5%. The parent deposits 2,000 at the beginning of each school year for 17 years, with the first deposit made at the beginning of the current school year Immediately following the 17th deposit, the parent pays tuition for the 17th school year from the fund . The amount of money needed, in addition to the balance in the fund, to pay tuition at the beginning of the 18th school year is X .Calculate X 2093 2864 4417 4986 7342 . College tuition is 20,000 for the current school year, payable in full at the beginning of the school year. College tuition will grow at an annual rate of 3.0% A parent sets up a college savings fund earning interest at an annual effective rate of 6.5%. The parent deposits 2,000 at the beginning of each school year for 17 years, with the first deposit made at the beginning of the current school year Immediately following the 17th deposit, the parent pays tuition for the 17th school year from the fund . The amount of money needed, in addition to the balance in the fund, to pay tuition at the beginning of the 18th school year is X .Calculate X 2093 2864 4417 4986 7342