QUESTION 10 Mr. & Mrs. Brown deposit $500 per year into a college fund account for their son, William, starting on his first birthday and continuing through his 19th birthday. Then there are four withdrawals (once in a year for four years) from the account to pay for college expenses. If the fund earns 12%, what is the value of withdrawal amount? a. 10,444 b. 11,444 c. 12,567 d. 13,698