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Your child will start college 15 years from today. You believe it will cost $15,000 for the first two years and $10,000 for the last

Your child will start college 15 years from today. You believe it will cost $15,000 for the first two years and $10,000 for the last three, payable at the beginning of each year of college. How much do you have to save at the end of each year for 14 years starting one year from now in order to pay tuition and book costs if the account pays 8% interest?

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