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Your child is 8 years old. You anticipate that hell go to an in-state public university in 10 years. The current cost of one year

Your child is 8 years old. You anticipate that hell go to an in-state public university in 10 years. The current cost of one year of school is $24,700, and you estimate that costs will increase by 6 percent per year for the next 10 years. Estimate the cost of education when your child starts his first year of college. (Round answers to 0 decimal places, e.g. 5,275.) $__________________.

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