datin wishes to consult you for a professional finance solution. She wishes to send her son to an Australian university that charges total school fees of $80,000 for the program this year and she also understands that university fees increase by 5% each year. Her son is 10 years old now and should only go to university when he is 18.How much would his school fees be when he goes to australia? If deposit in Datin 's bank account grows at 6 % each year, how much should datin save every yearto accumulate this amount by the time her son goes to university?