Maddie and Matthew Smith are planning for their daughter, Milani's, future education. They expect Milani to begin college at age 18 for 5 years. College education expenses are currently $30,000 per year, and they anticipate that these expenses will increase at an annual rate of 5 percent. The Smiths can invest their money to earn an after-tax annual return of 8 percent. How much should the Smiths deposit at the end of each year to fund Milani's college education? The last deposit will be made when Milani reaches her 18th birthday.