SOLUTION: What lump sum will be needed to generate payments of R5 000 at the end of each quarter for a period of 5 years if money is worth 7%, compounded quarterly?

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Question 1145570: What lump sum will be needed to generate payments of R5 000 at the end of each quarter for a period of 5
years if money is worth 7%, compounded quarterly?

Answer by ikleyn(52786) About Me  (Show Source):
You can put this solution on YOUR website!
.

In order to be (to become) a Math problem, this post must be totally re-edited and re-written.

But why I should edit your post ? Why should I do your job ?