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Justin owes $ 9 4 9 in 5 months and $ 1 3 1 in 9 months. The lender agrees to allow Justin to pay

Justin owes $949 in 5 months and $131 in 9 months. The lender agrees to allow Justin to pay off these two debts with a single payment. What single payment a) due now and b) due in six months will pay of both debts completely. Assume simple interest is 8%.

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