Amount of debt that is acquired under the following conditions: 16% interest rate compounded quarterly, payments of ¢85,000 at the end of each quarter for 2.5 years, and a final payment of ¢30,000 one quarter later.
Question 11Select one:
to.
586,500.84
b.
708,913.57
c.
790,695.25
d.
918,956.30