your cousin is currently 14 years old. She will be going to college in four years. Your aunt

your cousin is currently 14 years old. She will be going to college in four years. Your aunt and uncle would like to have $115,000 in a savings account to fund her education at that time. If the account promises to pay a fixed interest rate of 4.2% per year, how much money do they need to put into the account today to ensure that they will have $115,000 in four years?