Question: Out Points: 0 of 1 Save A variable rate demand loan showed an initial balance of $7000.00, payments of $3000.00 after six months, $3000.00 after
Out Points: 0 of 1 Save A variable rate demand loan showed an initial balance of $7000.00, payments of $3000.00 after six months, $3000.00 after 21 months, and a final payment after five years. Interest was 8% compounded quarterly for the first 21 months and 75% compounded monthly for the remaining time What was the size of the final payment? The final payment is s (Round the final answer to the nearest cent as needed Round all intermediate values to six decimal places as needed) Clara Help me solve this View an example Get more help x Questo
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