Find the payment amount p
needed to amortize the
amount, Assume that a payment
Is made In each of the n
Compounding periods per year.
P= $1200, i = 12%, 1 = 2 years
Compounded quarterly.

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Answer:

Step-by-step explanation:

Find the payment amount p

needed to amortize the

amount, Assume that a payment

Is made In each of the n

Compounding periods per year.

P= $1200, i = 12%, 1 = 2 years

Compounded quarterly.