You lend a friend $800 and they agree to make quarterly payments for 1 year. You charge your friend 8.52% compounded quarterly. What is the size of the payments?
A) $120.76
B) $210.76
C) $220.76
D) $200.76
E) $212.76

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The Answer of You lend a friend $800 and they agree to make quarterly payments for 1 year. You charge your friend 8.52% compounded quarterly. What is the size of the payments?
A) $120.76
B) $210.76
C) $220.76
D) $200.76
E) $212.76

You Lend a Friend $800 and They Agree to Make