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Debts of $1,080.00 due four months ago and $1185.00 due in one month are to be settled by two equal payments due now and eight

Debts of $1,080.00 due four months ago and $1185.00 due in one month are to be settled by two equal payments due now and eight months from now respectively. Find the size of the equal payments using 12% interest and today is the focal date.

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