Find the amount of each regular payment to provide $22,500 in 13 years, at an annual rate r = 6%, compounded annually.
A)$1,203.75
B)$1,202.95
C)$1,214.30
D)$1,208.10
E)$1,191.60

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The Answer of Find the amount of each regular payment to provide $22,500 in 13 years, at an annual rate r = 6%, compounded annually.
A)$1,203.75
B)$1,202.95
C)$1,214.30
D)$1,208.10
E)$1,191.60

Find the Amount of Each Regular Payment to Provide $22,500