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Kathryn Plamondon wants to make 4 equal annual deposits into an account earning 6 % in order to pay for negligence fees that are assumed

Kathryn Plamondon wants to make 4 equal annual deposits into an account earning 6% in order to pay for negligence fees that are assumed to grow at 4% per year into infinity. The first fee payment at t=5 should be $6,500. How much does the deposit need to be?
a. $70,087.01
b. $74,292.24
c. $78,749.77
d. $68,823.78
e. $80,026.71
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