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Help, Please put decimals as per question Question Help 9.5.9 Scheduled loan payments of $868 due in 9 months and $1341 due in 24 months
Help, Please put decimals as per question
Question Help 9.5.9 Scheduled loan payments of $868 due in 9 months and $1341 due in 24 months are rescheduled as a payment of $303 due in 39 months and a second payment due in 45 months. Determine the size of the second payment if interest is 4.1% compounded semi-annually and the focal date is 45 months from now. The size of the second payment is $0. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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