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Chris agreed to make two payments $2,000 due in nine months and $1,500 in a year. If she makes a payment of $1,800 now, when
Chris agreed to make two payments $2,000 due in nine months and $1,500 in a year. If she makes a payment of $1,800 now, when should she make a second payment of $1,700 if money is worth 8% compounded quarterly?
Please use TI BA II calculator features (N, I/Y, PV, PMT, FV, AMORT) to solve questions (if possible)
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