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= Homework: Homework 7 Question 4, Review Exercise 8 HW Score: 0%, 0 of 7 points O Points: 0 of 1 Save A property was

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= Homework: Homework 7 Question 4, Review Exercise 8 HW Score: 0%, 0 of 7 points O Points: 0 of 1 Save A property was purchased for quarterly payments of $1350 for ten years. If the first payment was made on the date of purchase and interest is 5.5% compounded annually, what was the purchase price of the property? The purchase price of the property was $[ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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