Your parents are gifting you and your wife $60,000 this year. You want to open a college 529 plan and fund it such that you have $25,000 for your son's college education fifteen years from now. If you can earn 4% per year on your money, the amount of the gift that should presently invest in the 529 plan is closest to: a. $15,500 b. $13,500 c. $16,500 d. $14,500 e. $12,500