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can someome pleases help me part (C) pleases cant seem to get it rifght? Sweet Inc. developed a new sales gimmick to help sell its

can someome pleases help me part (C) pleases cant seem to get it rifght? image text in transcribed
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Sweet Inc. developed a new sales gimmick to help sell its inventory of new automobiles. Because many new car buyers need financing. sweet offered a low downpayment and low car payments for the furst year after purchase. It believes that this promotion will bring in some new buyers. On January 1,2025 , a customer purchased a new $35,000 automobile, making a downpayment of $1,000. The customer signed a note indicating that the annual rate of interest would be 8% and that quarterly payments would be made over 3 years. For the first year, Sweet required a $400 quarterly payment to be made on April 1, July 1, October 1, and January 1, 2026. After this one-year period, the customer was required to make regular quarterly payments that would pay off the loan as of January 1,2028. Click here to view factor tables. (a) Your answer is correct. Prepare a note amortization schedule for the first year. (Round answers to 0 decimal places, e. 38,548. ) Sweet Inc. developed a new sales gimmick to help sell its inventory of new automobiles. Because many new car buyers need financing. Sweet offered a low downpayment and low car payments for the first year after purchase. It believes that this promotion will bring in some new buyers. On January 1, 2025, a customer purchased a new $35,000 automobile, making a downpayment of $1,000. The customer signed a note indicating that the annual rate of interest would be 8% and that quarterly payments would be made over 3 years. For the first year, Sweet required a $400 quarterly payment to be made on April 1, July 1, October 1, and January 1, 2026. After this one-year period, the customer was required to make regular quarterly payments that would pay off the loan as of January 1,2028. Click here to view factor tables. (a) Your answer is correct. Prepare a note amortization schedule for the first year. (Round answers to 0 decimal places, es. 38,548.) Indicate the amount the customer owes on the contract at the end of the first year. (Round answer to 0 decimal places, eg. 38,548.) The customer owes on the contract at the end of the first year eTextbook and Media Assistance Used Attempts: 1 of 4 used (c) Compute the amount of the new quarterly payments. (Round present value foctor calculations to 5 decimal places, es. 1.25124 and the final answer to 0 decimal places, es. 58,971.) The new quarterly payments

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