2. (10 points) A discounted loan of $1,000 was taken out by a company for 6 months at a 10% simple discount rate. The proceeds were immediately invested for 6 months at a 15% simple interest rate with three partial payments: of $100 at the end of two months, $200 at the end of four months, and a final payment. Find the size of the final payment using the Declining Balance Method. What annual simple interest rate and simple discount rate were realized by the company.

2. (10 points) A discounted loan of $1,000 was taken out by a company for 6 months at a 10% simple discount rate. The proceeds were immediately invested for 6 months at a 15% simple interest rate with three partial payments: of $100 at the end of two months, $200 at the end of four months, and a final payment. Find the size of the final payment using the Declining Balance Method. What annual simple interest rate and simple discount rate were realized by the company