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deposited in the previous year. The account earns 5.5% interest annually. Immediately after your parents make the deposit on your 18th birthday, the amount of
deposited in the previous year. The account earns 5.5% interest annually. Immediately after your parents make the deposit on your 18th birthday, the amount of money in your savings account will be closest to which of the following? A. $66,171 B. $32,400 C. $26,350 D. $72,875 E. $25,242 attending college for four years? You may assume that the money will remain in the account until it is used to make a tuition payment. The maximum annual tuition expense is: \$ (please round your answer to the nearest dollar)
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