Question 33 of 35 View Policies Current Attempt in Progress -/3 E The Teal are planning for a retirement home. They estimate they will need $164,000 4 years from now to purchase this home. Assuming an interest rate of 11%, with four equal amounts being deposited at the beginning of the period. What amount must be deposited at the beginning of each period? (Round factor values to 5 decimal places, eg. 1.25124. Round answers to the nearest whole dollar, eg. 5,275.) Click here to view factor tables Amount deposited each year $ Save for Later Attempts: 0 of 1 used Submit Answer