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A father wants to set aside money for his 5 year old son's future college education. Money can be deposited into a bank account that

A father wants to set aside money for his 5 year old son's future college education. Money can be deposited into a bank account that earns 8% per year compounded annually. What equal payments should be made by the father on his 6th through 17th birthdays in order to provide $10,000 on the son's 18th, 19th, 20th and 21st birthdays?

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