This savings plan is an annuity. The future value of the annuity is equal to the purchase price of the car. The future value FV of an ordinary annuity used to accumulate funds is given by FV =PMT/ - where PMT is the payment at the end of each period, i is the interest rate per period, and n is the number of periods. Solve for PMT. (1 + i) - 1 FV = PMTIngrid wants to buy a $22,000 car in 7 years. How much money must she deposit at the end of each quarter in an account paying 5.1% compounded quarterly so that she will have enough to pay for her car? How much money must she deposit at the end of each quarter? (Do not round until the final answer. Then round to the nearest cent as needed.)