Question: On March 1, Bear Mountain Tours borrowed $1500. Three equal payments are required, on April 30, June 20, and August 10, as well as a

On March 1, Bear Mountain Tours borrowed $1500. Three equal payments are required, on April 30, June 20, and August 10, as well as a final payment of $400 on September 30 of the same year. If the focal date is September 30, what is the amount of the equal payments at 6.75%?

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