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Nine months ago, Muriel agreed to pay Aisha $ 1 , 4 0 0 and $ 8 0 0 on dates 6 and 1 2
Nine months ago, Muriel agreed to pay Aisha $ and $ on dates and months, respectively, from the date of the agreement. With each payment Muriel agreed to pay interest at the rate of from the date of the agreement. Muriel failed to make the first payment and now wishes to settle her obligations with a single payment four months from now.
What payment should Aisha be willing to accept if money can earn Do not round intermediate calculations and round your final answer to decimal places.
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