Question 4 Not yet saved Marked out of 1.00 Flag question You plan to accumulate $12,000 for a car in 4 years' time. To do this, you will make 16 level deposits (quarterly) with the first deposit today. If you earn 7.5% per annum compounding quarterly, what regular deposit will be needed? (round to nearest cent; don't use $ sign or commas) a. $638.11 b. $650.07 c. $1313.98 d. $2495.64