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Marry is saving money for her daughter Anna's education who wants to go to the college at age 18. Anna is now 11 years old.

Marry is saving money for her daughter Anna's education who wants to go to the college at age 18. Anna is now 11 years old. Mary already saved $5,000. She is estimating the education will cost $10,000 a year for 4 years. 



If she keeps his investments in a Registered Education Savings Plan that receives 8% interest a year, how much she should save every month to cover this goal?

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