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When Roberta borrowed $1878.00, she agreed to repay the loan in two equal payments, to be made 30 days and 110 days from the day
When Roberta borrowed $1878.00, she agreed to repay the loan in two equal payments, to be made 30 days and 110 days from the day the money was borrowed. If interest is 5% on the loan, what is the size of the equal payments if a focal date of today is used? The value of the equal payments is $0 (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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