Question: A man borrows $ 8 4 0 0 . A payment of $ 1 7 3 7 is made 7 2 days later. A second

A man borrows $8400. A payment of $1737 is made 72 days later. A second payment of $736 is paid 181 days after the first payment. A third payment of x is due 26 days after the second payment, after which the loan balance is 0. The loan is charged a simple interest rate of r=7.75%. What is x, if the Merchant's rule is used?
 A man borrows $8400. A payment of $1737 is made 72

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