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instead of taking 3 , 0 0 0 cash, the beneficiary of an estate takes 2 equal payments due in 1 and 2 years, respectively.

instead of taking 3,000 cash, the beneficiary of an estate takes 2 equal payments due in 1 and 2 years, respectively. If the investment pays interest at 10% converted quarterly, what will be the size of each payment?

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