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115. Two grandparents contributed $30,000 to their granddaughter's college savings fund on the day she was born. The college savings fund can earn 6% interest

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115. Two grandparents contributed $30,000 to their granddaughter's college savings fund on the day she was born. The college savings fund can earn 6% interest each year. The child's mother is concerned by rapidly rising education costs, and believes that her daughter will need about $180,000 by her 18 th birthday for her tuition expenses. If her daughter has just turned 13 , how much does the child's mother need to contribute to her college fund today in order to fully fuhd her daughter's college expenses

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