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Your parents began saving money for college on your 10 th birthday. They make deposits of $4,000 every year, with the final deposit being on

Your parents began saving money for college on your 10th birthday. They make deposits of $4,000 every year, with the final deposit being on your 17th birthday. For four years, starting on your 18th birthday, they will withdraw $20,000 for tuition. If they earn 8%, will you have enough to cover all four years of tuition? Detail the balance for each year.

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