Find the amount of each regular payment to provide $7,000 in 3 years, at an annual rate r = 9%, compounded monthly.
A)$175.55
B)$151.85
C)$181.00
D)$186.45
E)$170.10

Question

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The Answer of Find the amount of each regular payment to provide $7,000 in 3 years, at an annual rate r = 9%, compounded monthly.
A)$175.55
B)$151.85
C)$181.00
D)$186.45
E)$170.10

Find the Amount of Each Regular Payment to Provide $7,000