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urjent 2. A debt of $450 due 2 months ago...

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Accounting

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2. A debt of $450 due 2 months ago and $875 due in 11 months are to be settled by two equal payments, one at the end of 4 months and another at the end of 8 months. Find the size of the payments if money is worth 7.2% per annum simple interest

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