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Scheduled debt payments of $750 due seven months ago, $600 due two months ago, and $900 due in five months are to be settled by
Scheduled debt payments of $750 due seven months ago, $600 due two months ago, and $900 due in five months are to be settled by two equal replacements payments due now and three months from now. Determine the size of the equal replacement payments at 9% p.a. compounded monthly.
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