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Lada Lada
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6 years ago
Debts of $2800.00 due three months from now and $4600.00 due twenty-one months from now are to be settled by two equal payments due in three months and nine months from now respectively. Determine the size of the equal replacement payments if interest is 5.5% p.a. compounded quarterly.
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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6 years ago
Answered below using this tutorial:

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5 years ago
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3 years ago
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3 years ago
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3 years ago
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3 years ago
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3 years ago
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3 years ago
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3 years ago
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2 years ago
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11 months ago
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