Answer:
[tex]\large\boxed{\large\boxed{\$13,077.68}}[/tex]
Explanation:
You have to use the equation to calculate the periodic payment, taking into account that the number of periods is four per year and the interest rate of the period is 24% divided by 4.
The formula is:
      [tex]Payment=Loan\times \bigg[\dfrac{r(1+r)^n}{(1+r)^n-1}\bigg][/tex]
Where:
Substitute and compute:
   [tex]Payment=\$150,000\times \bigg[\dfrac{0.06(1+0.06)^{20}}{(1+0.06)^{20}-1}\bigg]\\\\\\Payment=\$13,077.68[/tex]
