Question: Find the periodic payment which will amount to a sum of $10000 if an interest rate 7% is compounded The poriodic payment is 5 anrually

Find the periodic payment which will amount to a sum of $10000 if an interest rate 7% is compounded The poriodic payment is 5 anrually at the ond of 16 consecutive years (Round to the noarest cont)

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