annuties and sinking found

Question

The amount (future value) of an ordinary annuity is given. Find the periodic payment. (Round your final answer to two decimal places.)

A = $12,500, and the annuity earns 6% compounded monthly for 10 years.

Answer 1

If sumthun gro at 6%, 10 yeers, month kompound, then

(end value)/start value)=(1.005)^120

=1.81939673

yer 12,500$... iz zat  the start value or the end value???

if start, end=1.81939674*12,500

if end, then start with 12,500/1.81939674