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Dan borrowed $1867.00 today and is to repay the loan in two equal payments. The first payment is in four months, and the second payment

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Dan borrowed $1867.00 today and is to repay the loan in two equal payments. The first payment is in four months, and the second payment is in eight months. If interest is 9% per annum on the loan, what is the size of the equal payments? Use today as the focal date The size of the equal payments is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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