Problem 9-47 (Algo) Special consideration of annuities and time periods [ LO9-4] Your parents have accumulated a $150,000 nest egg. They have been planning to use this money to pay collsge costs to be incurred by you and your sister, Courtney. However, Courtney has decided to forgo college and start a nali salon. Your parents are giving Courtney $30,000 to help her get started. and they have decided to take year-end vacobons coseng $11,000 per year for the next four years. Use 6 percent as the appropriate interest rate throughout this problem. Use AgocndkA and Appandix 0 for an approximate answer, but caiculate your final answer using the formula and financlal calculator methods 0. How much money will your parents have at the end of four years to help you with gracuate school. which you wit start then? Note: Do not round intermedlote calculotions. Round your finol answer to 2 decimal places. b. You plan to work on a master's and perhops a PhD If graduste school costs $28.740 per year. spprongmatey how long will you be able to stay in school based on these funds? Note: Do not round intermedlate calculations. Round your final onswer to 2 decimal places