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John and Char Lewis daughter, Debra, has just started high school. They decide to start a college fund for her and will invest $ 3

John and Char Lewis daughter, Debra, has just started high school. They decide to start a college fund for her and
will invest $3,000 in a saving account at the end of each year she is in high school (4 payments total). The account
will earn 6.5% interest compounded annually. How much will be in the college fund at the time Debra graduates
from high school?John and Char Lewis daughter, Debra, has just started high school. They decide to start a college fund for her and
will invest $3,000 in a saving account at the end of each year she is in high school (4 payments total). The account
will earn 6.5% interest compounded annually. How much will be in the college fund at the time Debra graduates
from high school? A. $12,345.74
B. $13,221.52
C. $14,864.39
D. $15,211.28

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