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andil owes two debt payments a payment of $5,178 that was due today and a payment of $1,976 due in 12 months. If Greg makes

andil owes two debt payments a payment of $5,178 that was due today and a payment of $1,976 due in 12 months. If Greg makes a payment now of $1000 and another payment in 7 months, what would this payment be if money is worth 6.59% p.a. simple interest? Assume a focal date of 7 months.

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