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Time Left:2:34:15 Sparsh Mehandru: Attempt 1 Question 22 (3 points) Ken had originally promised to pay Jane $1,050 3 months ago, $1,000 today and $1,300

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Time Left:2:34:15 Sparsh Mehandru: Attempt 1 Question 22 (3 points) Ken had originally promised to pay Jane $1,050 3 months ago, $1,000 today and $1,300 9 months from now. Ken missed his first payment and both parties have agreed to a new deal. Ken will now make two equal payments - one today and the remainder in 3 months. Calculate each payment using an interest rate of 6.35% compounded monthly. Round your answer to 2 decimals. On your worksheet, clearly label and show your work including your completed timeline. Your

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