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Acme Inc. borrowed $38,755 and promised to repay it with two payments. The first payment is due in 3 months and the second payment (twice

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Acme Inc. borrowed $38,755 and promised to repay it with two payments. The first payment is due in 3 months and the second payment (twice as big as the first) is due in 6 months. Using a simple interest rate of 7% p.a., calculate each of the payments. Use the date of the loan as your focal date. Include a full timeline as well as your steps on your worksheet. Highlight or circle your two payments and enter the second payment into the D2L answer box below

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