15. If the amount required is $10,000 after 5 years at 3% compounded monthly, what is the monthly payment amount? 27. Saving for a Car: Sheila wants to invest an amount every 3 months so that she will have $12,000 in 3 years to buy a new car. The account pays 2% compounded quarterly. How much should she deposit each quarter to have $12,000 after 12 deposits?

15. If the amount required is $10,000 after 5 years at 3% compounded monthly, what is the monthly payment amount? 27. Saving for a Car: Sheila wants to invest an amount every 3 months so that she will have $12,000 in 3 years to buy a new car. The account pays 2% compounded quarterly. How much should she deposit each quarter to have $12,000 after 12 deposits