You've been thinking a lot about that life insurance annuity your grandfather set up for you. You've decided to set up something for your niece, who just turned one. What you're envisioning, though, is a single payment to be made to her on her 18th birthday, so that she'll have the money in hand when she starts at UNB. You will make payments into a plan where the money will earn 6% interest, with the last payment made on her 18th birthday. How much will you need to put in each year to guarantee that she has $80,000 to start university with