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Edward bought a Samsung "Tablet" for $6,800 to be paid in four semesters, each payment...

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Accounting

Edward bought a Samsung "Tablet" for $6,800 to be paid in four semesters, each payment is made at the end of each semester. Since Edward will not have more liquidity in the last two semesters, he requests that the payment pattern be as follows: the amount of the first two payments will represent half of the amount of the third payment (each one separately represents half of the third) and the amount of the fourth payment will be triple the amount of the third. The financing rate will be 9.14% nominal annual capitalizable every 28 days. Determine the amount of the fourth payment (write the answer WITHOUT a PESOS sign and WITHOUT a comma, rounding to two decimal places):

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