William Jack and Sophia Rose are planning on their first child education. If they expect that college will cost RM150,000 per year in 18 years, calculate how much should the couple begin depositing...

William Jack and Sophia Rose are planning on their first child education. If they expect  that college will cost RM150,000 per year in 18 years, calculate how much should the  couple begin depositing annually at the end of each of the next 18 years to accumulate  enough funds to pay one year of tuition 18 years from now. Assume they can earn a 6%  annual rate of return on their investment.