QUESTION 20 You want to make 5 equal deposits into an account paying 6.5 percent so that your child can take out S14,000 per year for college expenses. Your deposits will be at E1, 2, 3, 4, and t-5. Your child will make withdrawals of S14,000 at t-7,-8, 9, and t-10. Assume no inflation of college expenses. How much will you need to deposit each of the next 5 years? 0 1 2 3 4 5 6 7 S 9 10 1 D D D D D W W W W $14.000 $14.000 $14.000 $14.000 O A. $8,073 OB. 87,910 OC. 7,510 OD. $7,483 O E. $8,424