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Twopayments of $16,000 and $2,800 are due in 1 year and 2 years,respectively. Calculate the two equal payments that would replacethese payments, made in 6

Twopayments of $16,000 and $2,800 are due in 1 year and 2 years,respectively. Calculate the two equal payments that would replacethese payments, made in 6 months and in 4 years if money is worth7. 2 answers

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