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A loan of $5,800 at 6.05% is to be repaid by three equal payments due six, eight, and ten months after the date on which

A loan of $5,800 at 6.05% is to be repaid by three equal payments due six, eight, and ten months after the date on which the money was advanced

Calculate the amount of each payment. Use the loan date as the focal date. (Do not round intermediate calculations and round your final answer to 2 decimal places.)

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