You wish to provide for some of the private school expenses of your niece by making a single investment now into a financial account from which her parents can withdraw the funds for annual tuition. The first table below shows the dates at which the tuition payments need to be made. The second table shows the current tuition rates for the various levels of schooling. Assume that the date today is July 1,2008. Current tuition rates per year, payable on July 1, 2008, for the 2008-09 school year (July 1,2008 - June 30,2009)