Question 1195219
inputs to financial calculator:
present value = 30000
future value = 0
interest rate = 3% per year / 4 = .75% per quarter of a year.
number of time periods = 10 years * 4 quarters per year = 40 quarters.
payments are made at the beginning of each quarter.
output from financial calculator.
payments at the beginning of each quarter = $864.42.
here's a display of the online financial calculator at <a href = "https://arachnoid.com/finance/index.html" target = "_blank">https://arachnoid.com/finance/index.html</a> that i used.
<img src = "http://theo.x10hosting.com/2022/062821.jpg">