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This question is about maths of finance A person borrowed $1000 at a rate of 8% compounded quanerly on January 1 , 2002. Two equal

This question is about maths of finance
A person borrowed $1000 at a rate of 8% compounded quanerly on January 1 , 2002. Two equal payments will be made to settle the debt. The first payment is due on April 1 , 2004, and the second payment is due on January 1, 2005. Find the size of each payment.
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