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Chris owes $475 in 11 months and $775 in 13 months. What single payment now will repay these debts if interest is currently j12 =
Chris owes $475 in 11 months and $775 in 13 months. What single payment now will repay these debts if interest is currently j12 = 2%, but changes to j12 = 5% in 7 months.
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