Jessica is excited because she is having her first child, and she wants to make sure she is able to provide everything she can for her child. So, she came up with a plan to help fund the childs college education when it is time for them to attend college. Her plan is to buy zero coupon bonds now, but she does not want to pay more than they are worth today. So, she needs to calculate the value of the zero-coupon bond issuance she is looking at which states that they will mature in 18 years which is good because the child will then be at college age and the market interest rate is 6.8 percent. Can you help Jessica figure out how much she should pay for these bonds today.