You deposit $3000 on the day your child is born, increasing your deposits by 5% each year until (and including) her 18th birthday (19 deposits in all). On her 19th birthday she will enrol in the engineering program at Ryerson. On her 18th birthday she sets aside in the account enough money to pay $10,000 a year for tuition (for 4 years: t=19 to t=22) and she spends the rest betting on crypto-currencies. How much of your hard earned money is she throwing away :) ? (Note find the amount of money, X, she puts into the crypto-currency markets on her 18th birthday. The interest rate is 8%. The solution is within $2000 of the following 141,754 145,754 149,754 153,754 None of the above