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How many periods and what is the interest rate per period if you were tyring to calculate the present value of a $10,000, 6%, 5-year

How many periods and what is the interest rate per period if you were tyring to calculate the present value of a $10,000, 6%, 5-year note payable that pays interest quarterly?

A.

20 periods, 1.5% interest per period

B.

5 periods, 1.5% interest per period

C.

20 periods, 6% interest per period

D.

5 periods, 6% interest per period

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