please help part A. the quartly deposit should be $2057.84

and if you can help with part b that would be great

Complete the problems below. 1. A company will need $50,000 in five years for a new addition. To meet the goal, the company will deposit money into an account paying 8% annual interest, compounded quarterly. How much should the company deposit each quarter in order to be able to pay for the addition? Looking at a couple of scenarios to compare to the initial investment (above): a. Exactly 20 months after the company begins their investment (above), they receive a payment from a settled lawsuit of $2500 that they immediately deposit into the account. If they continue, uninterrupted, with their quarterly deposits, will the company be able to afford to add a skylight to the addition if the change order (the amount added to the original cost of $50,000) is $3500? If yes, how much, if any would be left over? If no, how much more money will they need? b. Suppose that instead of depositing the money quarterly for five years, they decide to finance the addition (the original $50,000) for five years at 4% interest, compounded quarterly. How much would their quarterly payments be? How much difference will the company spend (money they put out) on the addition if they choose this finance option instead of the original savings plan? Assume that they use the $2500 from the settlement on something else and it doesn't come in to play in this plan