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Deposits to accumulate future sums For the case shown in the following table, determine the amount of the equal, end-of-year deposits necessary to accumulate the

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Deposits to accumulate future sums For the case shown in the following table, determine the amount of the equal, end-of-year deposits necessary to accumulate the given sum at the end of the specified period, assuming the stated annual interest rate. (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Sum to be Accumulation accumulated period (years) Interest rate $22,500 11% 11 The amount of the end-of-year annual deposit is $. (Round to the nearest cent.)

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