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Marked out of 1.00 Question 1 Not yet answered p Flag question 9.3 (25 pts) Your parents would like to pay for your education expenses.

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Marked out of 1.00 Question 1 Not yet answered p Flag question 9.3 (25 pts) Your parents would like to pay for your education expenses. The want you to withdraw $5551 each year starting next year for 4 years for your undergraduate studies. They want you to withdraw 57051 each year starting on the 5th year for 2 years for your master program, They want you to withdraw 99138 each year starting on the 7th year for 3 years for your Ph.D. program. How much money they should put in the bank for you now? The interest rate is 16% per year. TABLE 20 DC Componentes 165 PG P/A USP FA AP C A/G Grad FIP A/F P/F PW

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