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Your parents have been saving for you attending STFX for the past 6 years. The contributions are as follows. Assume the annual rate is 5%

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Your parents have been saving for you attending STFX for the past 6 years. The contributions are as follows. Assume the annual rate is 5% Year Saving 2015 $2,000.00 2016 $3,000.00 2017 $5,000.00 2018 $6,000.00 2019 $8,000.00 2020 $2,000.00 17] How much would you receive from your parents' savings when you came to STFX in 20212 [3] The amount of savings each year was planned strategically for your need. However, the interest rate have been decreased in the last 6 years. Would be the saving enough for your education at STFX? Explain your reasoning

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