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Please help answer the question in the photo. Thank you! a. Use the appropriate formula to determine the periodic deposit b. How much of the

Please help answer the question in the photo. Thank you! image text in transcribed
a. Use the appropriate formula to determine the periodic deposit b. How much of the financial goal comes from deposits and how much comes from interest? Periodic Deposit $? at the end of each year Rate 6% compounded annually Click the icon to view some finance formulas Time 14 years b. $ 86,618, of the $130,00 You answered 6.186 (Use the answer from parti Get answer feedback Financial Goal $130,000 a. The periodic deposit is $ 6187 (Do not round until the final ane e Than runt on to the nearest dollar as needed.) $43,382 comes from interest. ound to the nearest dollar as needed.)

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