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Alexandra owes $12,000 to a friend who is charging her a simple interest rate of 3.90% p.m. She is required to settle the amount owed

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Alexandra owes $12,000 to a friend who is charging her a simple interest rate of 3.90% p.m. She is required to settle the amount owed with two equal payments, one today and the other in five months. What is the size of the payments using today as the focal date? $6533.03 $6266.52 O $6840.01 $7066.25

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