Question: I need aa correct answer its important for me Liz took a loan of $8,000 from her parents to purchase equipment for her hair salon.

I need aa correct answer its important for me Liz took

I need aa correct answer its important for me

Liz took a loan of $8,000 from her parents to purchase equipment for her hair salon. If they agreed on an interest rate of 7% compounded monthly on the loan, what quarterly payments will settle the loan in 5 years of payments if she made her first payment 2 years and 9 months from now? O $569.13 O $514.87 O $478.01 0 $424.95

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