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Part D: Equal Loan Payments A $4000 loan made at 7.75% is to be repaid in three equal payments due 30, 90, and 150 days,

Part D: Equal Loan Payments

A $4000 loan made at 7.75% is to be repaid in three equal payments due 30, 90, and 150 days, respectively, after the date of the loan.

1. Determine the size of the payments. $

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