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Afra has borrowed $6000 and agreed to pay it back in three equal payments to be made in 3 months intervals from today (i.e. 3
Afra has borrowed $6000 and agreed to pay it back in three equal payments to be made in 3 months intervals from today (i.e. 3 months from today, 6 months from today and 9 months from today). Find the size of the payments if interest is 5% p.a. compounding semi-annually.
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