How much deposit to establish fund for college education


On the day his son was born, the father made decision to establish the fund for the son's college education. Father wishes son to be able to withdraw $4000 from fund on the 18th birthday, again on the 19th birthday, again on the 20th birthday, and also on 21st birthday. If fund earns interest at 9% per year, compounded annually, how much must father deposit at end of every year, up through 17th year?

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Mathematics: How much deposit to establish fund for college education
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