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A debt of $1000 is due at the end of 4 years. If money is worth 8% with monthly compounding, and $375 is paid at
A debt of $1000 is due at the end of 4 years. If money is worth 8% with monthly compounding, and $375 is paid at the end of 1 year, what equal payments at the end of 2 and 3 years, respectively, would liquidate (fully pay off) the debt
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