The parents of a newborn decide to make deposits into an educational savings account on each of their daughter's birthdays, starting with her first birthday. Assume that the educational savings account will return a constant 5.5% per year. The parents plan to deposit $2 200 on every of their daughter's future birthdays. How much money could they alternatively deposit on their daughter's birth date (today) to have the same amount available on her 18th birthday?

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