Homework: Chapter 3 Homework Problems Question 19, P. 3-26 (similar to) HW Score: 68.33%, 13.67 of 20 points Points: 0 of 1 Save Your cousin is currently 8 years old. She will be going to college in 10 years. Your aunt and uncle would like to have $120,000 in a savings account to fund her education at that time. If the account promises to pay a fixed interest rate of 3.6% per year, how much money do they need to put into the account today to ensure that they will have $120,000 in 10 years? CUL The amount they need to put away today is (Round to the nearest cent) Question Viewer Check an Financial calculator Clear all