Dan borrowed $1886.00 today and is to repay the loan in two equal payments. The first payment is in four months, and the second payment is in seven months. If interest is 5% per annum on theloan, what is the size of the equalpayments? Use today as the focal date.

The size of the equal payments is $

Dan borrowed $1336.00 today and is to repay the loan in two equal payments. The rst payment is in four months, and the second payment is in seven months. If interest is 5% 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 nal answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)