A lease valued at $22,000 requires payments of $1,629 at the beginning of every three months. If money is worth 5% compounded quarterly, what is the size of the final lease payment? The size of the...

(please solve within 15 minutes I will give thumbs up)A lease valued at $22,000 requires payments of $1,629 at the beginning of every three months. If money is worth 5% compounded quarterly, what is the size of the final lease payment?<br>The size of the final payment is $<br>(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)<br>

Extracted text: A lease valued at $22,000 requires payments of $1,629 at the beginning of every three months. If money is worth 5% compounded quarterly, what is the size of the final lease payment? The size of the final payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

Jun 05, 2022
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