45. $80,000 is due 20 years from today. The borrower wants to make quarterly payments into a fund that will earn compound interest at an annual rate of 5%, compounding monthly. What will the quarterly payments have to be?

Question 45 options:

	$366.46
	$586.33
	$439.75

46.

You put $250 into an account at the end of each year for 5 years. At the end of the 5^th year the account was worth $1,750. What rate of return did you earn?

Question 46 options:

	10.0%
	16.9%
	12.5%
	17.5%