sterlingsmith8579 sterlingsmith8579
  • 06-03-2024
  • Mathematics
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The loan is to be repaid by three equal payments due in 66, 187, and 260 days from now, respectively. Determine the size of the equal payments at an interest rate of 4% with a focal date of today.
a) $300
b) $350
c) $400
d) $450

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