An investment goal is to have $5500, at a time 4 years in the future. One option is to invest the same amount each year for each of 4 years. If the investment earns 2.25% annually (annual interest), determine the periodic amount (annual amount) that needs to be invested at the end of each year for each of 4 years, compounding interest annually.

Creating a Cash Flow Diagram is always good and encouraged. For this question, note there is a periodic amount to be invested at the end of each year for each of 4 years. There is no amount at time zero, now, the Present.