I am planning to start my own university! Just think: I could walk about conferring degrees on people, plus I might even score a free coffee in the Tims! My uncle has told me that he will put enough money in the bank today so that in four years time there will be enough to fund the quarterly mortgage payments. If the quarterly mortgage payments are $25000 and will last for 20 years, how much does my uncle need to put in the bank? Interest is 5% compounded monthly. Please answer to Two decimal places. THIS IS A BUSINESS MATH QUESTION BTW SO ITS NOT AS SIMPLE AS IT SEEMS. THANK YOU