7. To help you reach your $10,000 goal, your father offers to give you $2,000 today. You will get a Part-Time job and make 12 additional deposits of equal amounts each 6 months thereafter. If all this money is deposited in a bank that pays a 2.5% stated annual interest rate, compounded semi-annually, how large must each of your 12 deposits be so that your account balance will be $10,000 in six years? 12 Equal Deposits =