If Chinese owed $2,164.00, the quarterly payment is as follows
Payment of $ 541.00 April 15
Payment of $ 541.00 June 15
Payment of $ 541.00 September 15
Payment of $ 541.00 January 15
How to find the quarterly payment
Chinese's quarterly payments are calculated by dividing the total amount she owes ($2,164.00) by the number of quarters in a year (4), yielding $541.00 every quarter 1.
This is calculated as follows
= $ 2,164.00 / 4
= $ 541.00 per quarter
We can therefore say that Chinese will receive $ 541.00 per quarter