QU 1130: Business Mathematics (A16 On 19 ed out of Scheduled payments of $5000 due now...

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QU 1130: Business Mathematics (A16 On 19 ed out of Scheduled payments of $5000 due now and $1500 due in 3.5 years are to be replaced by a payment of $3500 due in 2.5 years and a second payment due in five years. Determine the size of the second payment if interest is 5% compounded quarterly. n 7 i BI 8 80 * !!! III QU 1130: Business Mathematics (A16 On 19 ed out of Scheduled payments of $5000 due now and $1500 due in 3.5 years are to be replaced by a payment of $3500 due in 2.5 years and a second payment due in five years. Determine the size of the second payment if interest is 5% compounded quarterly. n 7 i BI 8 80 * !!! III