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Dandil owes two debt payments a payment of $5,844 that was due today and a payment of $1,801 due in 10 months. If Greg makes
Dandil owes two debt payments a payment of $5,844 that was due today and a payment of $1,801 due in 10 months. If Greg makes a payment now of $1000 and another payment in 7 months, what would this payment be if money is worth 5.24% p.a. simple interest? Assume a focal date of 7 months.
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