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Your cousin is currently 11 years old. She will be going to college in 7...

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Accounting

Your cousin is currently 11 years old. She will be going to college in 7 years. Your aunt and uncle would like to have $95,000 in a savings account to fund her education at that time of 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 $95,000 in 7 years?
The amount they need to put away today is $ SEET THE (Round to the nearest cent.|||
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Your cousin le currenlly 11 years old. She will be going to college in 7 years. Your aunt and Lnele would like to have $55,800 in a savings account to fund her educatian at thot 11me. If the sccount procrises to pay a fixed riterest rate of 4.36 per year, how much meney do they need to put into the account today to eneare that they wilt have $95,000 in 7 years? The amoum they need to put away taday is \$ (Round to tha nearest cent)

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