Question 23 15 pts After having a baby, you start college planning and want to send the baby to SMU when she turns 18. The cost at SMU is $12,500 per year today, which will continue to increase an average of 4% per year. You will invest all the college savings in an account with a 7% EAR. How much do you need today to pay for all four years of the baby's undergraduate education at SMU? (Round your answer to the nearest dollar and show your justification in your work upload)