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A variable rate demand loan showed an initial balance of $7000.00, payments of $3000.00 after six months, $3000.00 after 21 months, and a final payment

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A variable rate demand loan showed an initial balance of $7000.00, payments of $3000.00 after six months, $3000.00 after 21 months, and a final payment after four years. Interest was 8% compounded quarterly for the first 21 months and 7.55% compounded monthly for the remaining time. What was the size of the final payment? The final payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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