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. RD Inc. projects the following quarterly expenses over a 2-year period of time beginning 3 years and 3 months from now. What quarterly deposits

. RD Inc. projects the following quarterly expenses over a 2-year period of time beginning 3 years and 3 months from now. What quarterly deposits must the company make over the next 3 years to pay these expenses up front? Alternatively, what lump sum deposit could the company make today to fund this future spending? Interest is 8% annual, compounded quarterly. Quarter

quarter 0 1 2 3 4 5 6 7 8
cf 0 100000 105000 110000 115000 120000 125000 130000 135000

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