Periodic Deposit ____at the end of each year Rate 4.5% compounded annually Time 19 years Financial Goal $170,000 a. Determine the periodic deposit. b. How much of the financial goal comes from deposits and how much comes from interest? a. In order to have $170,000 in 19 years, you should deposit ____ each year. (Do not round until the final answer. Then round up to the next dollar.) b. b. ___ of the $170,000 comes from your deposits and $___ comes from interest. (Use the answer from part a to find this answer. Round to the next dollar as needed.)

Periodic

Deposit ____at the end of each year

Rate 4.5% compounded annually

Time 19 years

Financial Goal $170,000

a. Determine the periodic deposit.

b. How much of the financial goal comes from deposits and how much comes from interest?

a. In order to have $170,000 in 19 years, you should deposit ____ each year.

(Do not round until the final answer. Then round up to the next dollar.)

b. ___ of the $170,000 comes from your deposits and $___ comes from interest.

(Use the answer from part a to find this answer. Round to the next dollar as needed.)