Question 1190393
your answer is that you will be able to pull out 7938.61 at the end of each quarter for 20 years.


i used the calculator at <a href = "https://arachnoid.com/finance/index.html" target = "_blank">https://arachnoid.com/finance/index.html</a>.


inputs were everything except pmt.
output was pmt.
number of time periods was 20 years * 4 quarter per year = 80 quarters.
interest rate was 5% per year / 4 = 1.25% per quarter.


here's a display of the results from using that calculator.


<img src = "http://theo.x10hosting.com/2022/020304.jpg" >


let me know is you have any questions.


theo