Assume that it is now Jan 1, 2016 and you will need Rs 200,000 on Dec. 31, 2019. To help you reach your Rs 200,000 goal, your father offer to give you Rs 50,000 today- which is invested in a bank account paying 8% annual interest - will be used to help meet the goal. The rest amount will be met by 4 equal end of year deposit, starting first deposit from Dec. 31, 2016 how large must each of the 4 deposits be assuming 8% annul compounding? How large will the amount of each deposit be, if you deposit in the beginning of each year (in each Jan. 1st)?

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