You need to accumulate $24,000 to fund a round-the-world trip in 4 years time. To do this, you will make 8 equal deposits (half yearly) with the first deposit today. If you earn 5.7% per annum compounding twice yearly, what regular deposit will be needed? (round to nearest cent; dont use $ sign or commas)

a.

$2713.35

b.

$5213.51

c.

$5510.68

d.

$2638.17