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Matt's son, Zach, turned 1 0 years old today. He plans to attend GSU. Matt expects tuition to be $ 2 0 , 0 0

Matt's son, Zach, turned 10 years old today. He plans to attend GSU. Matt expects tuition to be $20,000 per year by the time Zach starts GSU. Tuition payments are due on Zach's 18th,19th,20th and 21st birthdays. Matt plans to make deposits into Zach's college fund today and on every birthday until Zach turns 16. If the college funds earns 5% then the deposits must be $________.

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