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Use the following 8% interest factors. Present Value of Ordinary Annuity Future Value of Ordinary Annuity 7 periods 5.2064 8.92280 8 periods 5.7466 10.63663 9

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Use the following 8% interest factors. Present Value of Ordinary Annuity Future Value of Ordinary Annuity 7 periods 5.2064 8.92280 8 periods 5.7466 10.63663 9 periods 6.2469 12.48756 Bramble Corp. wishes to accumulate $1450000 by May 1, 2028 by making 8 equal annual deposits beginning May 1, 2020 to a fund paying 8% interest compounded annually. What is the required amount of each deposit? $146120 O $252323 $126223 O $136321

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