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Jane Curtin was supposed to pay back $35,000 one year ago and another payment of $55,000 5 years 5 months from today. Jane is trying
Jane Curtin was supposed to pay back $35,000 one year ago and another payment of $55,000 5 years 5 months from today. Jane is trying to refinance her debt by making a payment of $15,000 today and another payment 3 years from today. Determine the size of the payment 3 years from now if interest is 9.35% compounded quarterly. A proper timeline is required for full marks
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