1) A debt of RM3000 due 4 months ago and another RM5000 due in twenty months are to be settled by two equal payments, one at the end of four months and the other at the end of ten months. Find the size of the payments using

(a)The present as the focal date,

(b)the ten months as the focal date.

Assuming money is worth 9% per annum simple interest.

2) Bernard borrows RM8889 at 15% per annum simple interest. He agrees to settle the loan by paying X ringgit, 2X ringgit, and 3X ringgit in two months, five months, and nine months respectively. Find the value of X using the present as a focal date.