Question: I need this solved please. In the format given please. Check over my answer please. How much should Lyle Lanley have deducted from his monthly

I need this solved please. In the format given please. Check over my answer please.

How much should Lyle Lanley have deducted from his monthly paycheck (at the end of each month) and deposited into an annuity compounded monthly in order to secure an amount of $15,500 for a trip to Egypt 6 years om now assuming stated interest: a. 5.9% b. 7.75% c. 8.2% Relevant Information Annual Interest Rate Periods Per Year Number of Years Needed Information Present Value Future Value $15,000.00 $15,000.00 $15,000.00 Payment $174.14 $164. 30 $161. 97 Rate 0. 49% 0. 65% Number of Periods Additional Calculations (if needed) a b c 5.900% 7.750% 8.200% A.) should deduct $174.14 each month. B.) should deduct $164.30 each month. C.) should deduct $161.97 each month

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