1. A $2,200 loan at 6.7% was repaid by two equal payments made 30 days and 60 days after the date of the loan. Determine the amount of each payment. Use the loan date as the focal date.(Use 365 days a year. Do not round intermediate calculations and round your final answer to 2 decimal places.)

1. What will be the maturity value of $17,000 placed in a 130-day term deposit paying an interest rate of 2.50%?(Do not round intermediate calculations and round your final answer to 2 decimal places.)

What is the Maturity value $