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My 2-year old daughter wants to go to Harvard (a private U

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My 2-year old daughter wants to go to Harvard (a private U.S. university) starting in 2033 (in 16 years’ time). The tuition fee is estimated to be $250,000. How much do I need to put aside starting one month from today and at the end of every one month until I have $250,000 saved up to pay her tuition fees in 2033? Assume I can earn 1% interest per month in my investment account. Please round your answer to two decimal places.