Collin and Devonte plan to send their son to university. To payfor this they will contribute equal monthly payments to an accountbearing interest at an annual rate of 6.7%, compounded monthly.They will make these payments for 12 years.  Five yearsafter their last contribution, they will begin the first of 60monthly withdrawals of $3,830 to pay the university's installmentbills. How large must their monthly contributions be?
