The American Cancer Society had a five-year plan to invest $100,000 per year in genomic translational research. On the last day of Year 3, the ACS Board hears disappointing results and decides to discontinue the program. They hold back the last two years of funding, opting instead to park this money in a bank account that pays 3% per year while they decide what to do next. Using TVM techniques, how much cash should they put into the bank today? Explain using math! (For simplicity, assume all interest accrues at the end of each calendar year.)