According to the College Board, the real cost of annual in-state tuition and fees at four-year public colleges has gone from $5210 in 2000 (in 2019 constant dollars) to $10,440 in 2019. The CPI for year 2000 is 173.7 The CPI for year 2019 is 256.6 Mark now has all the info given in question 4. His daughter, Anna, will start college in January 2035 and Mark assumes that the tuition and the inflation will keep growing at the same pace as between 2000 and 2019. Mark, wants to set up a fund that will cover the average cost of tuition in a public college for the four years in which Anna will be in college (2035-2038). He plans to make equal quarterly deposits in an account with a nominal interest of 6.0% compounded monthly. His first deposit will be in March 2021 (hint: considering the end of period convention is like he opened his account on Dec 2020). His last deposit will be in December 2034. Anna will pay the tuitions at the start of every year and the remaining money will stay in the same account (accumulating interest) until exhausted. How much money Mark needs to deposit every quarter? *I solved the average cost of tuition in 2000 dollar term was $3527.42. *I solved the cost of tuition in 2020 to be $1061.58. *WITH INFO GIVEN ABOVE I STILL NEED HELP WITH THE QUESTION AT THE VERY BOTTOM: How much money does Mark need to deposit every quarter? According to the College Board, the real cost of annual in-state tuition and fees at four-year public colleges has gone from $5210 in 2000 (in 2019 constant dollars) to $10,440 in 2019. The CPI for year 2000 is 173.7 The CPI for year 2019 is 256.6 Mark now has all the info given in question 4. His daughter, Anna, will start college in January 2035 and Mark assumes that the tuition and the inflation will keep growing at the same pace as between 2000 and 2019. Mark, wants to set up a fund that will cover the average cost of tuition in a public college for the four years in which Anna will be in college (2035-2038). He plans to make equal quarterly deposits in an account with a nominal interest of 6.0% compounded monthly. His first deposit will be in March 2021 (hint: considering the end of period convention is like he opened his account on Dec 2020). His last deposit will be in December 2034. Anna will pay the tuitions at the start of every year and the remaining money will stay in the same account (accumulating interest) until exhausted. How much money Mark needs to deposit every quarter? *I solved the average cost of tuition in 2000 dollar term was $3527.42. *I solved the cost of tuition in 2020 to be $1061.58. *WITH INFO GIVEN ABOVE I STILL NEED HELP WITH THE QUESTION AT THE VERY BOTTOM: How much money does Mark need to deposit every quarter