) You want to start saving for your newborn daughter's college eduction. Assume you can put $2,000 in your savings account at the end of each year and the annual interest rate you earn on your savings account is 1.5%. How much will you have saved at the end of the 18th year, i.e. on your daughter's 18th birthday?

Years for saving	18
Savings per year	$2,000
Interest rate	1.5%
Amount saved for college