To borrow $1,800, you are offered an add-on interest loan at 9 percent. Two loan payments are to be made, one at six months and the other at the end of the year. Compute the two equal payments. Note: Do not round intermediate calculations. Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34). Two equal payments

To borrow $1,800, you are offered an add-on interest loan at 9 percent. Two loan payments are to be made, one at six months and the other at the end of the year. Compute the two equal payments. Note: Do not round intermediate calculations. Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34)