Question: Two debt payments, the first for $ 8 0 0 due today and the second for $ 6 4 8 . 9 4 due in

Two debt payments, the first for $800 due today and the second for $648.94 due in nine
months, are to be settled by a payment of $800 six months from now and a final payment in 24
months. Determine the size of the final payment if money is now worth 9.5% compounded
quarterly.

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