Question: Show all steps please, also show the work process by hand or excel. The correct answer is $10,222.58 4.12. The cost of a college education

Show all steps please, also show the work process by hand or

Show all steps please, also show the work process by hand or excel. The correct answer is $10,222.58

4.12. The cost of a college education is currently $15,000 per year. The expected annual inflation rate over the next five years is 3%. How much money should be deposited at the end of each year for five years in an account earning 10% compounded quarterly so that the balance of the account after five years covers the cost of a college education

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