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You owe your parents $13,000 (in present day dollars) and want to repay them in equal amounts the first to occur in 2 years from

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You owe your parents $13,000 (in present day dollars) and want to repay them in equal amounts the first to occur in 2 years from today and the other in 6 years from today. If the interest rate is 6.8% per annum compounding monthly, what will be the amount of each repayment? a. $8447 b. $14889 c. $19528 d. $14829

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