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Two payments of $10,000 and $5,900 are due in 1 year and 2 years, respectively. Calculate the two equal payments that would replace these payments,
Two payments of $10,000 and $5,900 are due in 1 year and 2 years, respectively. Calculate the two equal payments that would replace these payments, made in 9 months and in 5 years if money is worth 10.5% compounded quarterly
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