7. Maia wishes to plan for her children's education. She wishes for them to have money for college when they turn eighteen. Maia has just deposited $3,000 in each of two savings plans for her kids. They will have access to the accumulated funds on their 18th birthdays. Jacob is 13 years and 5 months while Natasha is 11 years and 4 months old. If the plans earn 4% compounded monthly, what amount will each grandchild receive at age 18?