Elysa bought a car priced at $11,042 for 15% down and equal

Last updated: 7/23/2022

Elysa bought a car priced at $11,042 for 15% down and equal semi-annual payments for 3 years. If interest is 6% compounded quarterly, what is the size of the semi-annual payment? The size of the semi-annual payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)