Find the amount of each regular payment to provide $12,500 in 15 years, at an annual rate r = 6%, compounded quarterly.
A)$203.92
B)$143.62
C)$137.17
D)$129.92
E)$141.97

Question

Quizplus · Accepted Answer

The Answer of Find the amount of each regular payment to provide $12,500 in 15 years, at an annual rate r = 6%, compounded quarterly.
A)$203.92
B)$143.62
C)$137.17
D)$129.92
E)$141.97

Find the Amount of Each Regular Payment to Provide $12,500