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I am planning to start my own university! Just think: I could walk about conferring degrees on people, plus ! might even score a free

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I am planning to start my own university! Just think: I could walk about conferring degrees on people, plus ! might even score a free coffee in the Tim's! 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. Two decimal places

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