Your daughter is currently 9 years old. You anticipate that she will be going to college in 9 years. You would like to have $115,000 in a savings account to fund her education at that time. If the account promises to pay a fixed interest rate of 9% per year, how much money do you need to put into the account today to ensure that you will have $115,000 in 9 years?

Your deposit today should be $____ (rouund to nearest dollar)