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A debt of $7000 due in four years and $8000 due in live years is to be repaid by a single payment of $6500 now
A debt of $7000 due in four years and $8000 due in live years is to be repaid by a single payment of $6500 now and two equal payments, the first of which is due one year from now and the second of which is clue two years from now' If the interest rate is 19% compounded annually, how much are each of the equal payments? $: Note: round your answers to the nearest whole number. For example, if your answer is 12.56, write 13 Ignore commas and the 3 sign
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