Question: Two years ago, January 1 , 2018 you started saving for a car. That time you made your first of a sequence of 5 consecutive

Two years ago, January 1 , 2018 you started saving for a car. That time you made your first of a sequence of 5 consecutive equal deposits to pay for the car. Last year, 2019 when you made your 2nd deposit, your mom put $500 to help reach $10,000 In three years (Jan 1 2023). Today, Jan 1 2020 you made ur 3rd out of five deposits. What is the deposit you are making to reach your goal? Interest rate over entire period is 10% .

a) 1380 b)1556 c)1518 d)1415 e)1201 k)1529

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