Find the amount of each regular payment to provide $6,000 in 7 years, at an annual rate r = 8%, compounded annually.
A)$687.58
B)$684.73
C)$672.43
D)$680.01
E)$657.13

Question

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The Answer of Find the amount of each regular payment to provide $6,000 in 7 years, at an annual rate r = 8%, compounded annually.
A)$687.58
B)$684.73
C)$672.43
D)$680.01
E)$657.13

Find the Amount of Each Regular Payment to Provide $6,000