Question: jane ire is offered a real estate investment that promises to pay $80,000 after 5 years. She feels, based on the investments riskiness, that the

jane ire is offered a real estate investment that promises to pay $80,000 after 5 years. She feels, based on the investments riskiness, that the annual rate of return should be 15 percent, compounded quarterly. What price should she pay for the property.

I got an answer of 38,311.39 workind the problem out but am unsure of calculator inputs. Should my P/YR be at 4 for quarterly?

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