5. 0/1.42 POINTS | PREVIOUS ANSWERS TANFIN11 5.3.030. 1/6 Submissions Used MY NOTES The management of Gibraltar Brokerage Services anticipates a capital expenditure of $24,000 in 4 years for the purchase of new computers and has decided to set up a sinking fund to finance this purchase. If the fund earns interest at the rate of 5%/year compounded quarterly, determine the size of each (equal) quarterly installment that should be deposited in the fund. (Round your answer to the nearest cent.) $ 1866.20 X