arMathAp11 6.3.021. Ask Your Teacher My Notes How much must be deposited at the beginning of each year in an account that pays 4%, compounded annually, so that the account will contain $20,000 at the end of 4 years? (Round your answer to the nearest cent.)Question PartPointsSubmissions Used Solution Future value of Annuity = P[(1+r)^n -1]/r where r = rate of interest and P = annual payment 20000 = P[ (1+0.04)^4 -1]/0.04 P( periodic payment each year ) = 20000/4.246 = $ 4710.315 = $ 4710.32.