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nt 2 Question 9, 7.5.9 HW Score: 66.67%, 12 of 18 points O Points: 0 of 1 Save Dan borrowed $795.00 today and is
nt 2 Question 9, 7.5.9 HW Score: 66.67%, 12 of 18 points O Points: 0 of 1 Save Dan borrowed $795.00 today and is to repay the loan in two equal payments. The first payment is in five months, and the second payment is in ten months. If interest is 5% per annum on the loan, what is the size of the equal payments? Use today as the focal date. The size of the equal payments is $753.58 (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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