Question: I have a TI-83 plus.I need clear instructions on how to solve this problem.Please no abbreviations.Thank you. The TVM Solver should give me the answer

I have a TI-83 plus.I need clear instructions on how to solve this problem.Please no abbreviations.Thank you.

The TVM Solver should give me the answer but I do not know what to put for each part.

Question: Find the interest rate needed for the sinking fund to reach the required amount.Assume that the compounding period is the same as the payment period.

$31,801 to be accumulated in 5 years; quarterly payments of $1,375

(Type an integer or decimal rounded to two decimal places as needed.)

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