A person owes $ 180,000 due in two years at 36% interest. You want to...
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A person owes $ 180,000 due in two years at 36% interest. You want to settle this obligation by means of two payments (x) of the same amount to be made after 5 and 10 months, respectively. What will be the amount of these payments, if both parties agree to use an interest rate of 36% and a focal date of two years?
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