estion list

A loan of $$5842$ borrowed today is to be repaid in three equal installments due in one$-$and$-$a$-$half years, four years, and five years, respectively. What is the size of the equal installments if money is worth $6\mathrm{.}2\%$ compounded monthly?

Question $6$

The payments are each $$1963\mathrm{.}15.$

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