a. Determine the periodic deposit.

b. How much of the financial goal comes from deposits and how much comes from interest?

a. In order to have $20000 in 4 years, you should deposit ___each period.

(Do not round until the final answer. Then round up to the next dollar.)

b.____of the 20,000 comes from your deposits and _____comes from interest.

(Use the answer from part a to find this answer. Round to the nearest dollar as needed.)

Periodic Deposit: $____ at the end of every three months

Rate: 7.25 % compounded quarterly

Time: 44 years

Financial Goal: 20,000