You want to save up to pay your 5-year-old child's college tuition fee, which costs $52,500, when he'll be 18. You currently have $14,600 that you've set aside for this goal that you will not be investing. Given an interest rate of 6.2%, how much would you need to invest now to be able to pay for their college. Select one: a $ 24,018.21 b.$ 9,418.21 c.$ 38,863.04 d. $ 17,779.44