Question 2 (1 point) In 2008 you started saving for a $10k bike that you planned to buy in 2014. You make your first deposit on that day. Your plan was to make a sequence of 5 consecutive equal deposits to pay for the bike. Your dad told you that if you make your first two deposits, then he would contribute $500 on top of your second payment. Figure out the value of the deposits such that you reach your final goal of $10k in 2014 so you can afford to buy the bike. The interest rate over the entire period is 9%. Hint: Mark the cash flow diagram using the years to better keep track. The equal sum amount is within $10 of which of the following? 1238 1258 1278 1298 None of the above