Suppose that a young couple has just had their first baby and they wish to insure that enough money will be available to pay for their child's college education. They decide to make deposits into an educational savings account on each of their daughter's birthdays, starting with her first birthday Assume that the educational savings account will return a constant 11% The parents deposit $2.100 on their daughter's first birthday and plan to increase the sure of the deposit by 0%eath year. Assuming that the parents have already made the deposit for their daughter's th birthday then the amount valable for the daughter's college experes on her 18th birthday is costo A 577.474 S. 5170,442 C. $108,463 OD $154,147 Put the following steps of the financial cycle in the correct order. 1. Money flows to companies who use it to fund growth through new products. II. People invest and save their money. HII. Money flows back to savers and investors. O A. I, II, and III O B. II, III, and I OC. III, II, and I OD. 11. 1, and III Click to solat Cwm expects to receive $27.000 at the end of next year from a trust and a bank loans money at an interest rate of 8.3%, how much money can ho bonow trom the bark on the basis of this Information OA $24.901 OB 12:46 C 529.24 D 22