right click open image in new tab if cant read it well

P3-13 (similar to) Question Help Present value. Prestigious University is offering a new admission and tuition payment plan for all alumni. On the birth of a child, parents can guarantee admission to Prestigious if they pay the first year's tuition. The university will pay an annual rate of return of 6% on the deposited tuition, and a full refund will be available if the child chooses another university. The tuition is expected to be $24,000 a year at Prestigious 18 years from now. What would parents pay today if they just gave birth to a new baby and the child will attend college in 18 years? How much is the required payment to secure admission for their child if the interest rate falls to 3.5%? What would parents pay today if they just gave birth to a new baby and the child will attend college in 18 years? $(Round to the nearest cent.) What would parents pay today if they just gave birth to a new baby and the child will attend college in years? 18 (Round to the nearest cent.) How much is the required payment to secure admission for their child if the interest rate falls to 2%? BA (Round to the nearest cent.)