Your child is 10 years old and you are planning to open an account to save for his/her college tuition.Tuition for a year of college now is $10,000. Your child
will start to attend first year of college in 8 years. You would like to save in equal annual instalments over the next eight years to have enough to pay for
his/her first year of college. If you know the real interest rate you can earn a year and you know the inflation rate, how much must you save each year?
