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FINC 1231 - Fall 2021 - = Test: Assignment 10 Question 15 of 15 This test: 15 pc This question: Payments of $1,649 are made

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FINC 1231 - Fall 2021 - = Test: Assignment 10 Question 15 of 15 This test: 15 pc This question: Payments of $1,649 are made out of a fund of $21,000 at the end of every three months. If interest is 9% compounded quarterly, what is the size of the final payment? The size of 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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