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the collge guarantees that your tuition will not increase for the four years of college you attend. The first $ 1 0 , 7 0

the collge guarantees that your tuition will not increase for the four years of college you attend. The first $10,700 tuition payment is due in six months. After that, the same payment is due every six months until you have made a total of eight payments. The college offers a bank account that allows you to withdraw money every six months and had a fixed APR of 4.3%(with semiannual compounding) guaranteed to remain the same over the next for yours Hiw much money must you deposit tosay if you intend to make ni further depisits and would like to make all the tuition payments from this account, leaving the account empty when the last payment is made?

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