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4 1 . Dwayne has awo debts:a debt of $ 1 8 0 0 which was due eight months ago 1 1 ) a debt
Dwayne has awo debts:a debt of $ which was due eight months agoa debt arising from a loan for $ that he took out one year ago for a term of three years with interest at compounded annuallyDwayne intends to settle both debts by making to equal paymen..The first payment is to be made today, and the second payment is due nine months from today. What is the size of the equal payment: if money is worth compounded monthly?Use nine months fromtoday as the focal date
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