A young family is planning how much education to provide for their first newborn child, who they hope to send to college. For this reason, they estimate the cost needed for their children to enter each level of education. At the age of 5 years will enter kindergarten education at a cost of Rp. 1 million, 7 years old enter elementary school at a cost of Rp. 2.5 million, 13 years old enter junior high school at a cost of Rp. 5 million, 16 years old enter high school at a cost of Rp. 7.5 million and at the age of 19 years enter university at a cost of Rp. 15 million per year for 5 years.
A young family is planning how much education to provide for their first newborn child, who they hope to send to college. For this reason, they estimate the cost needed for their children to enter each level of education.
At the age of 5 years will enter kindergarten education at a cost of Rp. 1 million, 7 years old enter elementary school at a cost of Rp. 2.5 million, 13 years old enter junior high school at a cost of Rp. 5 million, 16 years old enter high school at a cost of Rp. 7.5 million and at the age of 19 years enter university at a cost of Rp. 15 million per year for 5 years.
Question: If it is known that the deposit interest rate is 10% / year, calculate the amount of education fees deposited now, so that the child's education plan can be realized?
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