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Payments of $1,750 in 1 year and another $2,700 in 4 years to settle a loan are to be rescheduled with a payment of $850

Payments of $1,750 in 1 year and another $2,700 in 4 years to settle a loan are to be rescheduled with a payment of $850 in 21 months and the balance in 33 months. Calculate the payment required in 33 months for the rescheduled option to settle the loan if money earns 6.25% compounded quarterly during the above periods.

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