Fieldsaver technologies, a manufacturer of precision laboratory equipment, borrowed $2 million to?

... renovate one of its testing labs. the loan was repaid in 2 years through quartery payments tgat increased by $50,000 each time. at an interest ra

... renovate one of its testing labs. the loan was repaid in 2 years through quartery payments tgat increased by $50,000 each time. at an interest rate of 12% per year, compounded quarterly, what was the size of the first quarterly payment

or:... renovate one of its testing labs. the loan was repaid in 2 years through quartery payments tgat increased by $50,000 each time. at an interest rate of 12% per year, compounded quarterly, what was the size of the first quarterly payment

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