Jonathon takes out a cash loan of $12,000. He agrees to pay back the loan with three payments as follows: $2,000 at the end of six months, ($2,000 + Y) at the end of 10 months and ($2,000 + 2Y) at the end of 18 months. What is the value of Y if a) r= 6% and you use 8 months as the focal date d=6% and you use 14 months as the focal date j4= 6% and the exact method is assumed When answering this question, be sure to demonstrate you understanding of equation of value (EOV) process and steps in each question part. Jonathon takes out a cash loan of $12,000. He agrees to pay back the loan with three payments as follows: $2,000 at the end of six months, ($2,000 + Y) at the end of 10 months and ($2,000 + 2Y) at the end of 18 months. What is the value of Y if a) r= 6% and you use 8 months as the focal date d=6% and you use 14 months as the focal date j4= 6% and the exact method is assumed When answering this question, be sure to demonstrate you understanding of equation of value (EOV) process and steps in each question part