please help

A small business has determined that the machinery they currently use will wear out in 16 years. To replace the new machine when it wears out, the company wants to establish a savings account today. If the interest rate on the account is 1 percent compounded quarterly and the cost of the machinery will be $250,000, how much will the company have to deposit today? Multiple Choice $134,006.05 $132,242.82 $133,477.04 S135,181.54 $213,205.32