What is the amount of the quarterly deposits A such that you will be able to withdraw the amounts shown in the cash flow diagram if the interest rate is 8% compounded quarterly? 0 I I I 8% Compounded quarterly 1 I I 1 2 I I 1 3 I 1 $1,500 The amount of the quarterly deposits A should be $ 4 I Quarters 5 6 7 I I I A (Deposit) I I $2,500 8 I I (Round to the nearest dollar.) Q L

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