document.write( "Question 1131687: The present value of an annuity is given. Find the periodic payment. (Round your final answer to two decimal places.)
\n" );
document.write( "Present value = $8500, and the interest rate is 6.5% compounded quarterly for 10 years. \n" );
document.write( "
Algebra.Com's Answer #748727 by addingup(3677) You can put this solution on YOUR website! [(0.065/4)8500]/[1-(1+(0.065/4)^-4*10] \n" ); document.write( "= 138/0.475 = 290.53 \n" ); document.write( " \n" ); document.write( " |