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24 only 24. A student wishes to accumulate $4000. She makes quarterly deposits of $200 into an account, with the 1st quarterly deposit being made

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24. A student wishes to accumulate $4000. She makes quarterly deposits of $200 into an account, with the 1st quarterly deposit being made on January 1,2020 . The account earns interest at j4=6%. What is the size of the final, smaller quarterly deposit (drop payment) and on what date will this final deposit be made? (A) A final deposit of $159.73 is made on July 1, 2024 (B) A final deposit of $102.12 is made on July 1,2024 (C) A final deposit of $159.73 is made on April 1,2024 (D) A final deposit of $102.12 is made on April 1,2024 24. A student wishes to accumulate $4000. She makes quarterly deposits of $200 into an account, with the 1st quarterly deposit being made on January 1,2020 . The account earns interest at j4=6%. What is the size of the final, smaller quarterly deposit (drop payment) and on what date will this final deposit be made? (A) A final deposit of $159.73 is made on July 1, 2024 (B) A final deposit of $102.12 is made on July 1,2024 (C) A final deposit of $159.73 is made on April 1,2024 (D) A final deposit of $102.12 is made on April 1,2024

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