Engineering Economy $....$Please solve the correct answer A father wants to set up a bank account that will pay his daughter $\backslash (\backslash$$ $16,000\backslash )$ at the end of quarter $($EOQ$)4$ and $\backslash (\backslash$$ $30,000\backslash )$ at $\backslash ($ E O Q $8\backslash ).$ He will fund this account by making quarterly payments of $\backslash (\backslash$$ X $\backslash )$ from EOQ $1$ through EOQ $7.$ If the quarterly percentage rate is $\backslash (3\backslash \%\backslash ),$ what is the value of $\backslash (\backslash$$ X $\backslash )$ that must be deposited into the account?