3) Your aunt has generously offered to pay the college tuition/room and board for your sister, who will be starting school today. Your aunt has already paid for your sister's freshman year costs directly to the school. For the remaining years, your aunt will deposit money in a savings account today from which your sister will withdraw the required sophomore, junior, and senior year tuition payments one year, two years, and three years from today. The bank pays interest of 2.35% per year, compounded annually. The college's tuition/room and board is $55,000 for the current year (which your aunt has already paid), and is expected to increase by $2,000 each year for the foreseeable future (e.g., it is expected to be $57,000, payable one year from today). (1) How much money (to the nearest penny) does your aunt have to deposit in the bank today? (2) How much (to the nearest penny) will be in the account after your sister makes the second withdrawal two years from today