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Nikki owed the following obligations: a . P 4 1 0 8 due in 3 years and b . P 7 6 8 3 due

Nikki owed the following obligations: a. P4108 due in 3 years and b. P7683 due in six years with accumulated interest from today at 14% converted quarterly. If she would want to replace these obligatios by a payment of P5485 on the second year and another payment at the end of 5.5 years, how much is the second payment if money is worth 15% compounded semi annually? Draw the cashflow diagram. Answer in 2 decimal values no need to input the P sign.
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