what is the amount of payment that the woman will receive.....

Fully amortized loan (annual payments for principal and interest with the same amount each year). Chuck Ponzi has talked an elderly woman into loaning him $40,000 for a new business venture. She has, however, successfully passed a finance class and requires Chuck to sign a binding contract on repayment of the S40,000 with an annual interest rate of 9% over the next 15 years. Determine the cash flow to the woman under a fully amortized loan, in which Ponzi will make equal annual payments at the end of each year so that the final payment will completely retire the original $40,000 loarm What the amount of payment that the woman will receive at the end of years 1 through 15? (Round to the nearest cent.)