1. Five years from today, at the end of year five, you wish to begin making a series of 30semiannual withdrawals of $500 each from an account that offers an annual stated rate of interest, r, equal to 8 percent compounded semiannually. To make this possible you plan to make a single deposit today, at the beginning of year one. What must be the amount of this deposit?

   		$8,991.86
   		$6,119.71
   		$6,074.58
   		$8,646.02