Funding a college goal. Dan Weaver wants to set up a fund to pay for his daughter’s education. In order to pay her expenses, he will need 23,000 in four years, 24,300 in five years, 26,000 in six...

Funding a college goal. Dan Weaver wants to set up a fund to pay for his daughter’s education. In order to pay her expenses, he will need
23,000 in four years,
24,300 in five years,
26,000 in six years, and
28,000 in seven years. If he can put money into a fund that pays 4 percent interest, what lump-sum payment must Dan place in the fund today to meet his college funding goals?