Business, 08.10.2020 14:01 uticabadgirl

Aunt Mabel put $36,000.00 into the bank when you graduated from High School. She promises to give you one quarter of the balance at the end of your Freshman year, one third of the balance at the end of your Sophomore year, one half of the balance at the end of your Junior year, and the remaining balance at the end of your Senior year. Let's assume you go to the college directly after graduation. The interest rate is 7.500% during your freshman year, 2.000% during your sophomore year, 1.500% during your junior year, and 2.000% during your senior year. Aunt Mabel will give you $ after your freshman year,$ after your Sophomore year,$answer after your junior year, and $answer after you graduate.

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Aunt Mabel put $36,000.00 into the bank when you graduated from High School. She promises to give yo...