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If Chinese owed $2,164.00, what would her quarterly payments be?

User Terran
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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

If Chinese owed $2,164.00, what would her quarterly payments be?-example-1
User Ethan Post
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