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Scheduled payments of $900 due in 3 months with interest at 11% compounded quarterly and $800 due in 30 months with interest at 11% compounded

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Scheduled payments of $900 due in 3 months with interest at 11% compounded quarterly and $800 due in 30 months with interest at 11% compounded quarterly are to be replaced by two equal payments. The first replacement payment is due today and the second payment is due in three years. Determine the size of the two replacement payments if interest is 9% compounded monthly and the focal date is today

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