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Question 7 6 pts Sandy Beach wants to have $225,417 in her savings account in six years. Sandy opened her savings account with a deposit
Question 7 6 pts Sandy Beach wants to have $225,417 in her savings account in six years. Sandy opened her savings account with a deposit of $21,600. Sandy intends to make equal deposits at the end of every three months for the next six years. Sandy will earn 20% interest compounded quarterly on all deposits with the bank. Calculate the amount of each equal quarterly deposit that Sandy must make in order to have $225,417 in her account in six years. You will need to use the time value of money table factors posted in carmen to answer this question. To access these factors, click modules and then scroll to week 12. Click on the link labeled present & futur value table factors. credit will be awarded for this question using a means other than these posted table factors to answer this
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