My Notes 3. 15 points V U TPBFIN1 IV. E.025 Suppose that a young couple has just had their first baby and they wish to ensure that enough money will be available to pay for their child's college education. The amount the couple placed in a college savings account for their daughter will be worth $97,332 on her 18th birthday. Suppose college tuition, books, fees, and other costs average $13,000 per year today. On average, these costs have historically increased at a rate of 4% per year. Assume that college costs continue to increase an average of 4% per year and that the interest earned on the savings account is 99. How much money in ) will the couple's first baby need to have available at age 18 to pay for all four years of her college (assuming that college costs for the year are incurred at the beginning of the year) (Round your answer to the nearest dollar) Have her parents deposited enough money