A deferred annuity is a type of decreasing annuity whose term is to start at some future date. On his tenth birthday, a boy inherits $5,800, which is to be used for his college education. The money is deposited into a trust fund that will pay him R dollars on his 18th, 19th, 20th, and 21st birthdays. Find R if the money earns 10.5% interest compounded annually.

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