Deposits needed to accumulate a future sum Judi Janson wishes to accumulate $8,000 by the end of 5 years by making equal

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answerhappygod
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Deposits needed to accumulate a future sum Judi Janson wishes to accumulate $8,000 by the end of 5 years by making equal

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Deposits needed to accumulate a future sum Judi Janson wishes to
accumulate $8,000 by the end of 5 years by making equal, annual,
end-of-year deposits over the next 5 years. If Judi can earn 7% on
her investments, how much must she deposit at the end of each year
to meet this goal?
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