Question: A man borrows $ 8 7 0 0 . A payment of $ 9 3 3 is made 6 9 days later. A second payment

A man borrows $8700. A payment of $933 is made 69 days later. A second payment of $1461 is paid 105 days after the first payment. A third payment of x is due 37 days after the second payment, after which the loan balance is 0. The loan is charged a simple interest rate of r=9.75%. What is x, if the Declining Balance Method is used?
Amount: $
 A man borrows $8700. A payment of $933 is made 69

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