What is amount of the final payment

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Gerry the gardener owed $ 4000 on his purchase of a new heavy-use lawn mower for his business. He repaid $1500 in 9 months, another $ 2000 in 18 months, and the remaining amount owed in 27 months. If the interest is 10% quarterly, what is amount of the final payment?

Reference no: EM132942166

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