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Find the Payment Necessary to Amortize the Loan $2100;12%\$ 2100 ; 12 \%

Question 79

Multiple Choice

Find the payment necessary to amortize the loan.
- $2100;12%\$ 2100 ; 12 \% compounded quarterly; 8 quarterly payments


A) $269.71\$ 269.71
B) $422.74\$ 422.74
C) $299.16\$ 299.16
D) $299.23\$ 299.23

Correct Answer:

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