Question: Your cousin is currently 9 years old. She will be going to college in nine years.Your aunt and uncle would like to have $ 1

Your cousin is currently 9 years old. She will be going to college in nine years.Your aunt and uncle would like to have $100,000 in a savings account to fund her education at that time. If the account promises to pay a fixed interest rate of 4.3% per year, how much money do they need to put into the account today to ensure that they will have $100,000 in nine years?The amount they need to put away today is nearest cent.)

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