You have just graduated and accepted an offer from well known make a lot a money inc. You also have a brand new daughter, born just this week. You would like to save some money from your new big salary in order to have $50,000 for your daughter to use for college in 18 years. If you can earn 9% on your money, how much do you have to put away at the end of each year is that the money will be there for her?