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Starting next year, Samantha will need $12,000 annually for three years to complete her undergraduate studies. (One year from today, she will withdraw the first

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Starting next year, Samantha will need $12,000 annually for three years to complete her undergraduate studies. (One year from today, she will withdraw the first $12,000.) Her parents deposit an amount today in an investment paying 6% annual interest, which will provide the need $12,000 disbursements. How much will be in the account immediately after she makes the first withdrawal? 22,000.71 23,555.90 19,575.42 none of these $24.500.01 - Previous

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