Maula-pae Weaks urgently needed $100,000 to pay lawyer-fees after illegally withdrawing a letter, and was forced to borrow at 15% nominal from Krowley Kash-pit. Loan conditions were: monthly...

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Extracted text: Maula-pae Weaks urgently needed $100,000 to pay lawyer-fees after illegally withdrawing a letter, and was forced to borrow at 15% nominal from Krowley Kash-pit. Loan conditions were: monthly compounding, and repay with equal monthly payments over 3 years. Mr. Weaks wins a Quick-pick Cash-pot after the initial 12 payments, and wants to now pay off the remainder in uniform quarterly payments over the remaining 2 years; the original 15% nominal interest compounded monthly still applies. Determine the quarterly-payment amount.