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Starting three months after her grandson Robin's birth, Mrs. Devine made deposits of $110 into a trust fund every three months until Robin was twenty-one

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Starting three months after her grandson Robin's birth, Mrs. Devine made deposits of $110 into a trust fund every three months until Robin was twenty-one years old. The trust fund provides for equal withdrawals at the end of each quarter for four years, beginning three months after the last deposit. If interest is 4.98% compounded quarterly, how much will Robin receive every three months? Robin will receive $201.01 (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (Enter the values from your calculator below. Values should be integers or decimals. Use all non-negative values. For each step, PUT: 99 as the value for the variable you are solving for.) Step 1: N = 84 1% = 4.98 PV= O PMT= 110 FV= 99 P/Y= 4 C/Y= 4 Step 2: N= 1% = PV= PMT= FV= P/Y= CY

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