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You are planning to buy an RV in 4 years that will cost $75,000. You will...

You are planning to buy an RV in 4 years that will cost $75,000. You will take out a 6-year, 8% loan to cover part of the cost. You don't want your loan payments to be more than $500 a month. You plan to cover the rest of the cost of the RV by making quarterly deposits over the next 4 years into an account earning 9%. How much do your deposits need to be be?

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SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

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