Question 1194734
you would need to invest 2194.65 at the end of each quarter.
you can use the calculator at <a href = "https://arachnoid.com/finance/index.html" target = "_blank">https://arachnoid.com/finance/index.html</a> to confirm.
results from using this calculator are shown below:
<img src = "http://theo.x10hosting.com/2022/060601.jpg">
inputs are everything except pmt.
output is pmt.
you would set pv to 0, fv to 900,000, np to 35 years * 4 quarters per year = 140, interest rate per quarter = 5.4% per year / 4 = 1.35% per quarter, payments are made at the end of each quarter.
let me know if you have any questions.
theo