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Artia would like to set up a school fund for Boby. Artia want Boby to be able to withdraw $2,500 each month for the two years that will be in business school.

Boby is currently celebrating the second birthday. Boby first school withdrawal will be on 19th birthday.

The business school fund will earn j12=2.4%.

How much must Artia deposit today into the school fund?