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please solve in Excel solutions In an effort to discover and support the next generation of researchers, Grey Matter Technologies will establish grants that will

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In an effort to discover and support the next generation of researchers, Grey Matter Technologies will establish grants that will be paid out over a period of time once the recipient has reached adulthood. The company is currently planning to give $16,000 every 3 months for 6 years, though the beneficiary will not receive the first payment until 3 years, 3 months from now. If money is worth 4.20% compounded quarterly, how much should Grey Matter save today for this research grant

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