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A loan of $2,350.00 taken out on March 10 requires three equal payments on April 30, June 19, and August 3, and a fourth, final
A loan of $2,350.00 taken out on March 10 requires three equal payments on April 30, June 19, and August 3, and a fourth, final payment of $900 on September 30. If the focal date is September 30, what is the size of the equal payments if interest is 7.25%
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