Yiit, who is at the beginning of his first year as a business student, is planning to start a company named Yce Enterprises 6 years later (4 years for graduating from Business Administration program and 2 years for the military). He notices that he needs save some money in the bank during his undergraduate study (starting now), so that he can initiate his company. His business plan requires: 1) $20.000 to start the company (six years from now), 2) $25.000 after one year to keep the company going in (seven years from now). Consider that the annual interest rate is 10%. His professor says that he will continue put the same fixed amount when he is in military. Calculate the fixed amount he and his professor should save so that Yce Enterprises can start operating