Question: PLEASE ANSWER THIS AS SOON AS POSSIBLE. please i need answer right now. upvote will be given for correct answer. Mark borrowed an amount of

PLEASE ANSWER THIS AS SOON AS POSSIBLE. please i need answer right now. upvote will be given for correct answer.

Mark borrowed an amount of 8,430 from brian and after 2 years, he borrowed again an amount of 2,650. he paid 3,300 one year after the last borrow, 2,800 the following year, and 1,100 a year after. If the money is worth 8.45% compounded quarterly, find the following:

a.) amount he should pay 7 years after the last borrow to discharge all his debts

b.) amount he should pay as a single lump sum at the end of 6th year to discharge all his debts.

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