SOLUTION: A debt of $6000 due today is to be settled by two equal payments due three months from now, and 9 months from now respectively. What is the size of the equal payments at 6% compoun

SOLUTION: A debt of $6000 due today is to be settled by two equal payments due three months from now, and 9 months from now respectively. What is the size of the equal payments at 6% compoun

Algebra.Com

Question 1141250: A debt of $6000 due today is to be settled by two equal payments due three months from now, and 9 months from now respectively. What is the size of the equal payments at 6% compounded quarterly?
Answer by VFBundy(438) (Show Source): You can put this solution on YOUR website!

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