Question: For this question, you should type which formula you should use (simple, compound, annuity, payout annuity, loan). You should also tell me which variable you

For this question, you should type which formula you should use

For this question, you should type which formula you should use (simple, compound, annuity, payout annuity, loan). You should also tell me which variable you will be solving for, and you should type your final answer to two decimal places. ALL OTHER WORK MUST BE ON PAPER YOU SEND TO ME so I can see you substituted into the equation properly and the steps you took to solve. Starting when Karen was born, her parents have deposited $3750 every year into a college savings account paying 2.5% interest compounded annually. How much will be in the account in 18 years

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