loan in the amount of $1800 is to be settled by two equal payments due...
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Accounting
loan in the amount of $1800 is to be settled by two equal payments due in 5 months and 9 months. What is the value of the two equal payments if money is worth 5.8% and the focal date is today?
Select one:
a. $939.15
b. $929.45
c. $921.75
d. $930.37
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