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Suppose that a young couple has just had their first baby and they wish to ensure that enough money will be available to pay for

Suppose that a young couple has just had their first baby and they wish to ensure that enough money will be available to pay for their child's college education. Currently, college tuition, books, fees, and other costs average $ 12 comma 700$12,700 per year. On average, tuition and other costs have historically increased at a rate of 44% per year. Assuming that college costs continue to increase an average of 44% per year and that all her college savings are invested in an account paying 77%interest, then the amount of money she will need to have available at age 18 to pay for all four years of her undergraduate education is closest to: PLEASE SOLVE IN EXCEL AND SHOW THE WORK

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