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using this setup EX. Z: A small company plans to do some major improvement in 10 years. They predict they will need $500,000 cover the

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using this setup
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EX. Z: A small company plans to do some major improvement in 10 years. They predict they will need $500,000 cover the costs. They find an investment plan with an APR of 5.2%. 1. Find their quarterly payment. 2. Figure out how much they paid into this investment. 3. Figure out how much interest (in dollars) they earned. I= PV = pmt- Fv= Ply cly= N => I= PV - pmt- Fv= Ply- Clya

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