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19) Joseph is investing for his daughter's college education. He expects to need $33,000 in 10 years, $36,000 in 11 years, $39,000 in 12

19) Joseph is investing for his daughter's college education. He expects to need $33,000 in 10 years, $36,000 in 11 years, $39,000 in 12 years, and $42,000 in 13 years. If Joseph can earn 7% annually on his investment, what single amount does he need to invest today to provide for his daughter's college education? A) $68,623.84 B) $64,316.46 C) $62,542.62 D) $64,539.15

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