2.5 years ago, you owned the CRA $5000 in income taxes. you were a full time student

Jane is saving for her education. She will deposit some money into a savings account today and in addition, deposit $500 per month for th years (24 deposits) starting one month from now. Her goal is to have enough money in the account so that she can withdraw $3,000 per m years (48 withdrawals) while she attends university and still have $8,000 left at the end for a trip to Europe to celebrate her graduation. H withdrawal will be exactly 2 years from now when she starts university. Assume the account earns 3% compounded monthly during the en years How much does Jane need to deposit today? ANSWER: (in 2 decimal places) To solve this problem, you will be creating a table with the following format FI N PV HY PMT CIY BIE PIY A Type the value of A below Type the value of B below Type the value of C below od ING 20-06-20 Jane is saving for her education. She will deposit some money into a savings account today and in addition, deposit $500 per month for th years (24 deposits) starting one month from now. Her goal is to have enough money in the account so that she can withdraw $3,000 per m years (48 withdrawals) while she attends university and still have $8,000 left at the end for a trip to Europe to celebrate her graduation. H withdrawal will be exactly 2 years from now when she starts university. Assume the account earns 3% compounded monthly during the en years How much does Jane need to deposit today? ANSWER: (in 2 decimal places) To solve this problem, you will be creating a table with the following format FI N PV HY PMT CIY BIE PIY A Type the value of A below Type the value of B below Type the value of C below od ING 20-06-20