Question: - 0 20 2.5 points A man wants to make a single deposit today that will pay for his grandson's future college education. He expects

- 0 20 2.5 points A man wants to make a single deposit today that will pay for his grandson's future college education. He expects college to cost $27,000 per year for 5 consecutive years. Since his grandson is not yet college-age, the first annual bill will not be due until 13 years from today. If the discount rate is 6%, how much money should the man deposit today in order to fully fund the college payments? Enter your answer as a positive number rounded to the nearest dollar. Type your answer... Next

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