[Solved] Debts of $1480.00 due four months ago and

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Debts of $1480.00 due four months ago and $1385.00 due in one month are to be settled by two equal payments due now and nine

Debts of $1480.00 due four months ago and $1385.00 due in one month are to be settled by two equal payments due now and nine months from now. Find the size of the equal payments at 12% p.a. with the agreed focal date of now...

Please draw a timeline before calculating values...and email the question to me in a PDF

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