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Gilligan just turned 18 and is about to start college at DePaul. His parents started saving for his college three years ago, on his 15th

Gilligan just turned 18 and is about to start college at DePaul. His parents started saving for his college three years ago, on his 15th birthday. They put $6,000 into his college account on his 15th birthday, $11,000 on his 16th birthday, nothing (i.e. $0) on his 17th birthday and $4,000 on his 18th birthday (and today is his 18th birthday). If the money was all invested at a rate of 7%,


how much is now in Gilligan’s college account?

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