Question 5 [5 points] Bruce just received an inheritance from his grandfather's estate. He will be entering college in 1 year and is expecting to need $3,500, $5,000, $1,000, and $5,000 respectively at the beginning of each of the four consecutive years at school. If he can get GICs with 4.50% interest, compounding quarterly, what principal amount would Bruce need to invest from his inheritance to completely be self-sufficient during these school years? For full marks your answer(s) should be rounded to the nearest cent. Principal = $0.00 Official Time: 20:08:52 SUBMIT AND MARK SAVE AND CLOSE