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John owes $600 in 6months and $750 in 30 months. John wants to repay his debts with a single payment today. What is the size
John owes $600 in 6months and $750 in 30 months. John wants to repay his debts with a single payment today. What is the size of the single payment if interest rate is j2=3% for the first 24 months and j2=2% thereafter?
Can you please not use excel formula?
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