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Peter purchased a cottage for $387000. He paid $30000 down and agreed to make equal...

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Finance

Peter purchased a cottage for $387000. He paid $30000 down and agreed to make equal payments at the end of every three months for 17 years. Interest is 3% compounded quarterly. How much will he owe after 15 years? Do NOT round the payment.

I attached an example done with the calculator but the actual question is stated above

I'm just confused how to do it image

Per predator 2000 He Hom They Do NOT 11 19*4=76 and women Amount borrowed = 128.000 -27,000= 50/000 END" ( Set Ply, cy=4) 76 N 5019301000 PUO PAT PHO - $5210. 34418 STO D 2nd Amort Pi = 60 P2 = 60 2 Balso = 78, 282.24

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