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Consider a bond to be paid back in 5 yearly payments plus a balloon payment of size $ 5 0 , 0 0 0 .

Consider a bond to be paid back in 5 yearly payments plus a balloon payment of
size $50,000. Payment 2(as in, the payment in year 2) is 10% higher than payment
1, payment 3 is the same as payment 2, payment 4 is half of payment 3, payment 5
is the same as payment 4. The face value of the bond is $200,000. The size of the
balloon payment equals the sum of all interest payments over the life of the bond.
What is the bond payment in year 4?

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