A person borrows $6580 at 7.3% per annum simple interest. She is to repay the...
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A person borrows $6580 at 7.3% per annum simple interest. She is to repay the debt with 3 equal payments, the 1st at the end of 3 months, the 2nd at the end of 6 months, and the 3rd at the end of 9 months. Determine the size of the payments using the focal date of 9 months.
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