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Scheduled payments of $349 due one year ago and 5861 due in five years are to be replaced by two equal payments. The first replacement

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Scheduled payments of $349 due one year ago and 5861 due in five years are to be replaced by two equal payments. The first replacement payment is dus in one year and the second payment is due in eight years. Determine the size of the two replacement payments if interest in 67% compounded semi-annually and the focal date is one year from now The size of the two replacement payments is so (Round the final answer to the nearest cent as readed. Round all intermediate values to six decimal places as needed)

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