scheduled loan payments of $452 due in 9 months and $1066 due in 21 months are rescheduled as a payment of $1488 due in 39 months and a second payment due in 48 months. determine the size of the second payment if interest is 7.7% compounded quartely and the focal date is 48 months from now.

(round all the final answers to the nearest cent as needed. Round all intermediate values to six decimal places as needed)