You plan to send your first born child to College for a 4-year degree with 4 annual payments.  Your first payment will start in 18 years in the amount of $50,000 and grow by 15% per year.   Assuming a discount rate of 6%, how much do you need to set aside today to fund your child's education?   Use the $ symbol and round to the nearest thousand dollars.   A correct answer would look like $34,000

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