J . This is attempt number 1 Force Completion Once started, this test must be completed in one sitting. Do not leave the test before clicking Save and Submit. Your answers are saved automatically Remaining Time: 1 hour, 10 minutes, 00 seconds. Question Completion Status: Moving to another question will save this response Question 8 of 17 Question 8 10 points Save Answer You wish to establish an endowment fund that will provide students with a $5,106 scholarship every quarter, perpetually. To finance the scholarships you will make a series of equal deposits into a savings account. The deposits will be made quarterly, with the first one today and the final one in 5 years. The first scholarship is to be awarded one quarter after the last deposit. The savings rate is 13.39% compounded quarterly. How much should your deposit be? Moving to another question will save this response Question 8 of 17