A customer has failed to pay three amounts: ${A} 18 months ago, ${B} nine months...
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Finance
| A customer has failed to pay three amounts: ${A} 18 months ago, ${B} nine months ago, and ${C} three months ago. They will repay with a payment of ${D} today, ${E} nine months from now, and a final payment two years from now. Interest is {F}% compounded quarterly on all outstanding debts. What is the amount of the third payment? | {A} | {B} | {C} | {D} | {E} | {F} | quarterly | i |
| $1,600 | $2,700 | $5,300 | $1,000 | $4,500 | 16.7% | |||
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