8. The amount of money you must deposit into an account paying 8% compounded quarterly in order to be able to make quarterly withdrawals of $1000 for the next 4 years can be determined using formula for:

8. _______

A. Single-payment, simple interest

B. Single-payment, compound interest

C. Sequence of payments: present value of an ordinary annuity

D. Sequence of payments: future value of an ordinary annuity