21. 13 of o So You want to deposit amounts in the bank at the end of 2011,2012, 2013 and 2014, so that you have $1259,71 in your account on I January 2015. Calculate how large each of your payments would need to be if the bank compounds quarterly at 8% pa A. $279.56 B. $259.83 C. $284.19 D. $314.93 Assume that you will require $1000 in four years' time. Suppose that you can afford to deposit only S186.29 at the end of each year, the first deposit to be made in one year's time. What interest rate would you require to reach your target if the bank compounds annually? A. I 5% pa. B. 18.5%pa. C. 20% p.a. D. 22.5% pa. 23 You have a goal to aise $1000 in four years' time. If your mother gives yo amounts every six months hereafter, and all the money is each of the six payments be for you to reach your target? at the end of the first year, you make six deposits of equal deposited in a bank, which pays 8% pa, compounded semi-annually, how large must A. $74.46 B. $65.55 C. $82.74 D. $77.26