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graham purchased a business by agreeing to make three payments of $ 1 2 , 0 0 0 . 0 0 each in 2 months
graham purchased a business by agreeing to make three payments of $ each in monthsmonths and months. Because of cash flow difficulties, he renegotiated the payment schedule so that he would pay $ in months$ in months and a third payment of $ In how many years should he make the third payment if interest is compounded monthly? State your answer in years and monthsfrom to months
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