Jill would like to plan for her son's college education. She would like for her son, who was born today, to attend college for 5 years, beginning at age 18. Tuition is currently $12,000 per year and tuition inflation is 6%. Jill can earn an after-tax rate of return of 7%. How much must Jill save at the end of each year, if she wants to make the last payment at the beginning of her son's first year of college? $3,145.81 $3,995.85 $4,406.75 $4,854.07