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What equal payments in 3 years and 5 years would replace payments of $40,000 and $95,000 in 6 years and 8 years, respectively? Assume money

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What equal payments in 3 years and 5 years would replace payments of $40,000 and $95,000 in 6 years and 8 years, respectively? Assume money can earn 4.74% compounded monthly. Round to the nearest cent

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