A debt of

$8632.91

is repaid by payments of

$1401.61

in

6

months,

$974.69

in

15

months, and a final payment in

25

months. If interest was

5%

compounded

quarterly,

what was the amount of the final payment?

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Part 1

The final payment is

$

(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)