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5) A loan payment of $140,000.00 was due 120 days ago and another payment of $175,000.00 is due 60 from now. What single payment 95

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5) A loan payment of $140,000.00 was due 120 days ago and another payment of $175,000.00 is due 60 from now. What single payment 95 days from now will pay off the two obligations if interest is to be simple interest at 8% and the focal date is 95 days from now? [3 marks] 1 [3 marks] D. Focus an

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