Five Years Before Her Daughter Was Expected to Enter College

Five years before her daughter was expected to enter college, Frieda deposited $15,000 in an education fund. Her daughter will make 48 equal quarterly withdrawals from the fund starting on the date she enters college. If the education fund earns 10% compounded quarterly, what will be the maximum quarterly withdrawal?

A) $863.41
B) $540.09
C) $526.92
D) $263.92
E) $885.00