What principal amount will have a maturity value of $5437.52 after 27 months, if it earns 8.5%

Question:

What principal amount will have a value of $5437.52 after 27 months, if it earns 8.5% compounded quarterly?
Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...