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A company has a debt payable in two installments of $ 250,000 each, at 3 and 6 months, respectively. You want to settle it in
A company has a debt payable in two installments of $ 250,000 each, at 3 and 6 months, respectively. You want to settle it in 3 successive bi-monthly payments; If the first is $ 100,000 and the second is $ 200,000, how much will the third be at a rate of 36% per year per month?
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