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Question 13(1.33 points) Saved Payments of S10 200.00 due one year ago and 513 000.00 due nine months ago are to be replaced by a
Question 13(1.33 points) Saved Payments of S10 200.00 due one year ago and 513 000.00 due nine months ago are to be replaced by a payment of $5800.00 now, a second payment of S10 000.00 fifteen months from now, and a final payment twenty-four months from now. What is the size of the final payment if interest is 9.2% compounded quarterly? The size of the final payment is $7816.89 The size of the final payment is $7816.00 The size of the final payment is $8816.89 The size of the final payment is $7916.89
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