I had tried to run some example from my calculator on excel. I cannot get the correct answer of 203.13. Can someone try to pinpoint the error in my formula?

You plan to open a savings account and deposit the same amount of money at the beginning of each month. In 10 years, you want to have $25,000 in the account.
How much should you deposit if the annual interest rate is 0.5% with quarterly compounding? 

```
FV      25000
NPER    10
RATE    0.50%

PMT ($193.23)

=PMT(RATE/4, NPER*12,,FV)

```