1. Two scheduled debt payments of $663 each are due three months and ten months from now respectively. If interest at 8% is allowed, what single payment today is required to settle the two scheduled payments?

-The single payment required to settle the two scheduled payments is ________

2. When Robin borrowed $1869.00, she agreed to repay the loan in two equal payments, to be made 50 days and 70 days from the day the money was borrowed. If interest is 6% on the loan, what is the size of the equal payments if a focal date of today is used?

-The value of the equal payments is ________

3. When Robin borrowed $1057.00, she agreed to repay the loan in two equal payments, to be made 40 days and 70 days from the day the money was borrowed. If interest is 6% on the loan, what is the size of the equal payments if a focal date of today is used?

-The value of the equal payments is _______