Mrs. Lavergne deposits $562.71 at the beginning of every three months. Starting three months after the last deposit, she intends to withdraw $587.00 every three months for 16 years. If interest is 8.14% compounded quarterly, for how long must Mrs. Lavergne make deposits?

Select one:

a. 29.52 quarters

b. 28.52 quarters

c. 26.52 quarters

d. None of these answers

e. 27.52 quarters