Question

4
Dan borrowed $922.00 today and is to repay the loan in two equal payments. The first payment is in two months, and the second payment is in nine months. If
interest is 4% per annum on the loan, what is the size of the equal payments? Use today as the focal date
The size of the equal payments is S
(Round the final answer to the nearest cent as needed Round all intermediate values to six decimal places as needed)
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Answer 1

Answer:

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Step-by-step explanation:

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