2. On January 1 of the current year, Southwest Inc. adopts a plan to accumulate funds for environmental improvements to occur 4.5 years in the future, at an estimated cost of $2,000,000. Southwest plans to make four equal annual deposits in a fund that earn interest at 10% compounded annually. The first deposit is made on July 1 of the current year. Compute the amount of the annual deposit. 2. On January 1 of the current year, Southwest Inc. adopts a plan to accumulate funds for environmental improvements to occur 4.5 years in the future, at an estimated cost of $2,000,000. Southwest plans to make four equal annual deposits in a fund that earn interest at 10% compounded annually. The first deposit is made on July 1 of the current year. Compute the amount of the annual deposit