Question: Homework: Homework for Section 5.3 Question 14, 5.3.47-BE Part 1 of 2 > HW Score: 37.76%, 5.29 of 14 points O Polnts: 0 of 1

 Homework: Homework for Section 5.3 Question 14, 5.3.47-BE Part 1 of

Homework: Homework for Section 5.3 Question 14, 5.3.47-BE Part 1 of 2 > HW Score: 37.76%, 5.29 of 14 points O Polnts: 0 of 1 Save An investor needs $16,000 in 14 years. (a) What amount should be deposited in a fund at the end of each quarter at 6% compounded quarterly so that there will be enough money in the fund? (b) Find the investor's quarterly deposit if the money is deposited at 7.2% compounded quarterly. + (a) The deposit should be s (Do not round until the final answer. Then round to the nearest cent as needed.)

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