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Krista borrowed $11,269. The loan is to be repaid by three equal payments due in 59, 165, and 253 days from now respectively. Determine
Krista borrowed $11,269. The loan is to be repaid by three equal payments due in 59, 165, and 253 days from now respectively. Determine the size of the equal payments at an interest rate of 7% with a focal date of today. CETTC) The size of the equal payments is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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Horngrens Accounting
Authors: Tracie L. Miller nobles, Brenda L. Mattison, Ella Mae Matsumura
12th edition
9780134487151, 013448715X, 978-0134674681
