Question: A contract can be fulfilled by making an immediate payment of $ 8 0 3 5 , or equal payments at the end overy three

A contract can be fulfilled by making an immediate payment of $8035, or equal payments at the end overy three months for 3 years. What is the size of the quarterly payments at 11% per annum compounded monthly?
The quarterly payments are $
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as nee
A contract can be fulfilled by making an immediate payment of

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