Min-Jun and Min-Suh want to contribute $121,000 to a 529 plan for the benefit of their new grandchild. If done shortly after the birth of the child, with an annual retum of 11 percent and no other contributions, what will the account be worth when the child is 18 and ready to enter college? Click on the table icon to view the FVIF table: When the child is 18 and ready to enter college, the account will be worth $(Round to the nearest cent.) Data table n (Click on the following icon in order to copy its contents into a spreadsheet.) Compound Sum of $1 (FVIF) n = 18 3% 1.7024 4% 2.0258 5% 2.4066 6% 2.8543 7% 3.3799 8% 3.9960 9% 4.7171 10% 5.5599 11% 6.5436 12% 7.6900 13% 9.0243 14% 10.5752 15% 12.3755 Print Done birth of the c - w the FVIF