Amita has 3 children ages 2, 5, and 7. The current cost of college is $25,000. The children will begin college at age 18

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Amita has 3 children ages 2, 5, and 7. The current cost of
college is $25,000. The children will begin college at age 18 and
be in college for 5 years. Education inflation is expected to be 6%
and the parent's portfolio rate of return is 8%. How much does
Amita have to save annually at year end if she wants to make her
last savings payment at the beginning of the youngest child's first
year of college?
$28,610.89
$31,843.26
$30,899.76
$29,484.50