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The debt is amortized by equal payments made at the end of each payment interval. Compute ( a ) the size of the periodic payments;

The debt is amortized by equal payments made at the end of each payment interval. Compute(a) the size of the periodic payments; (b) the outstanding principal at the time indicated; (c) the interest paid by the payment following the time indicated; and(d) the principal repaid by the payment following the time indicated for finding the outstanding principal.
Debt Principal
Repayment Period
Payment Interval
Interest Rate
Conversion Period
Outstanding Principal After:
$15 comma 000
10 years
3 months
5%
quarterly
8th payment
Question content area bottom
Part 1
(a) The size of the periodic payment is $
enter your response here.
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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