You are expected to repay a loan for $$4710$ in $3$ equal payments at the end of the next $3$ quarters $[$so every $3$ months$].$ The interest charged on the loan is $8\mathrm{.}6\%.$ Because this is calculated on the day the money is loaned, use 'today' as the focal date.

$*$Hint: draw a timeline first to help with your solution

Your answer must include the units and be rounded to the correct number of decimals