Ccscheduled debt payments of 150000 due seven months ago, Ask an Expert

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CCScheduled debt payments of $1500.00 due seven months ago, $1200.00 due two months ago, and $1800.00 due in five months are to be settled by two equal payments now and three months from now respectively. Determine the size of the equal replacement payments at 9% p.a. compounded monthly.

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Financial Management, Finance

Category:- Financial Management
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