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Suppose you botrow money from your parents for college tuition on Jamuary 1, 2021. Your parents require six annmal payments of 31,000 each, with the

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Suppose you botrow money from your parents for college tuition on Jamuary 1, 2021. Your parents require six annmal payments of 31,000 each, with the first payment due an January 1,2025 . They are charging you. 4% annival interest. What is the cost of the college turtion? 54,660.24 54,000.00 52,909.37 53,593.85 No new data to save. Last checked at. 8.07 pm Suppose you borrow money from your parents for college faition on January 1, 2021. Your parents require six annal payments of $1,000 each, with the first payment due on January 1,2025 . They are charging you 4% annual interest. What is the cost of the college taition? 44,660.24 $2,909,37 53,593.85 No new data to save. Last checked at 8:07pm

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