Please Help Me! This is one problem I would highly appreciate it! I need help solving the problem as well as the parts to the question

You know that you will need $40,000 for your child's education in 18 years. If your account earns 4% compounded quarterly, how much would you need to deposit now to reach your goal? A.) 1 pts How many deposits are made during the year? One Multiple 1 pts What type of interest is there? Simple Compound D C. 1 pts What is the problem asking you to find? Edit View Insert Format Tools Table 12pt Paragraph | B IV ATP ! p O words D.) 1 pts What type of problem is this? Simple Interest Compound interest Annuity 5 pts Upload your work for this question. Upload files that are pdf or jpeg. Using a complete sentence, express your final answer. Upload Choose a File