When Brenda bought her car from her uncle Ken, she agreed to make three payments of $6000 each in one year, three years and five years respectively. Because of cash flow issues, Brenda offered to pay $8000 in two years and a second payment of $10,000 at a later date. When should she make the 2nd payment if interest is 9.75% compounded semi-annually.

Using P/Y I PMT N PV and FV