On December 31, 2007, your parents opened a savings account with an 8% interest rate for you and put an equal amount of money in it every year until (and including) December 31, 2022. Your parents make no more contributions. You deposit \$2,500 per year into the same account while in college (December 31, 2023 until and including December 31, 2026 ). Immediately after you make that last deposit of $2,500 on December 31,2026 , your bank balance is $70,000. Q: What was the magnitude of the equal, annual deposits your parents made to the account? Include the cash flow diagram in your supporting work. On December 31, 2007, your parents opened a savings account with an 8% interest rate for you and put an equal amount of money in it every year until (and including) December 31, 2022. Your parents make no more contributions. You deposit \$2,500 per year into the same account while in college (December 31, 2023 until and including December 31, 2026 ). Immediately after you make that last deposit of $2,500 on December 31,2026 , your bank balance is $70,000. Q: What was the magnitude of the equal, annual deposits your parents made to the account? Include the cash flow diagram in your supporting work