The amount she should deposit each year to reach her goal is $576.48.
Here, we are going to calculate the amount that Jili needs to deposit per year to reach her goal.
Given Information
Future value = $3,000
N = 5 years
Interest = 2%
Future value annuity = [((1 + 0.02)^5 - 1 ) / 0.02}
Future value annuity = 0.1040808032 / 0.02
Future value annuity = 5.20404
Amount to be deposited per year = $3,000 / 5.20404
Amount to be deposited per year = $576.4752
Amount to be deposited per year = $576.48.
Therefore, the amount she should deposit each year to reach her goal is $576.48.
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