Your child will go to college 10 years from now and will require $12,000 at the beginning of each year for 4 years. At the end of their fourth year of college you plan on buying them a new car as a graduation present. The car will cost $23,000. You currently have $15,000 that can be used to meet these obligations, how much must you invest at the end of each year for the next 10 years in order to meet your financial objectives? Assume you can earn an 8% return on your investment.