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Please explain the correct steps to get the answer. Cassandra currently owes ( $ 12,000 ) to a friend who is charging him interest of

Please explain the correct steps to get the answer. Cassandra currently owes \( \$ 12,000 \) to a friend who is charging him interest of \( 1.80 \% \) p.m. He is required to settle the loan with two equal payments, one today and the other in three mont 2 answers

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