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Question 2 of 4 Two payments of $ 1 5 , 0 0 0 and $ 7 , 0 0 0 are due in 1

Question 2 of 4
Two payments of $15,000 and $7,000 are due in 1 year and 2 years, respectively. Calculate the two equal payments that would replace these payments, made in 6 months and in 4 years if money is worth 7.5% compounded quarterly.
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