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You owe your parents $26,000 (in present day dollars) and want to repay them in equal amounts the first to occur in 3 years from

You owe your parents $26,000 (in present day dollars) and want to repay them in equal amounts the first to occur in 3 years from today and the other in 6 years from today. If the interest rate is 6.7% per annum compounding monthly, what will be the amount of each repayment? Select one: a. $17472 b. $31771 c. $38822 d. $31585

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