Question

As an employee some of your tesla Pay Way, East payback throughout the year but as a self-employed business owner you need to estimate where you will need to pay in the upcoming year and make payment four times a year or qualities of chinwe owe $2,164.00 what was her quarterly payments be

Answer 1

The quarterly payments for Chinwe, who owes $2,164 to Tesla Pay Way, are $541.

What are quarterly payments?

Quarterly payments are periodic payments made every three months in a year.

Quarterly payments imply that four payments will be made in the year, with one payment made every three months.

To compute the quarterly payments, divide the total debt plus interest, if applicable, by 4.

Data and Calculations:

Debt for the year = $2,164

Quarters in a year = 4 (12 months/3)

Without interest, the Quarterly payments = $541 ($2,164/4)

Thus, Chinwe's quarterly payments are $541.

Learn more about periodic payments at https://brainly.com/question/13031679

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