Find the amount of each regular payment to provide $21,500 in 11 years, at an annual rate r = 4%, compounded semiannually.
A)$1,186.70
B)$794.68
C)$796.08
D)$787.58
E)$799.88

Question

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The Answer of Find the amount of each regular payment to provide $21,500 in 11 years, at an annual rate r = 4%, compounded semiannually.
A)$1,186.70
B)$794.68
C)$796.08
D)$787.58
E)$799.88

Find the Amount of Each Regular Payment to Provide $21,500