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Robin owes $4000 after 3 years and $4500 after 7 years. Robin is unable to meet her obligation after 3 years and by mutual agreement

  1. Robin owes $4000 after 3 years and $4500 after 7 years. Robin is unable to meet her obligation after 3 years and by mutual agreement is allowed to pay off both notes with a single payment after 6 years. Find the size of Robins payment after 6 years if 8% quarterly is used in the settlement.

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