What is the amount of the quarterly deposits A such that you will be able to withdraw the amounts shown in the cash flow diagram if the interest rate is 5?% compounded? quarterly?
In years 0 to 8 a Deposit of $ 1,600 year 4 and $ 2,800 in year 8 and A = deposit Compounded quarterly
The amount of the quarterly deposits A should be what?
?$ Nothing.