Anna plans to purchase a new vehicle in two years. To do this, he deposits a savings of Q 20,000 in Bank A at a rate of 8.75% annual interest, compounded semiannually. In addition, it will also make bimonthly deposits due in Bank B at a rate of 9% per year, compounded bimonthly. If the price of the vehicle you want to buy in two years is Q 160,000. What should be the value of bimonthly deposits?
to. Q9,248.37
b. Q11,005.17
c. Q10,448.69
d. Q10,148.47
and. None of the above.