Question: A $ 1 8 0 0 0 loan to be repaid in three equal payments occurring 6 0 , 1 8 0 , and 3

A $18000 loan to be repaid in three equal payments occurring 60,180, and 300 days,
respectively, after the date of the loan. Compute the size of these payments if the simple
interest rate on the loan is 6.8% p.a. Use the loan date as the focal date.
A $18000 loan to be repaid in three equal payments occurring

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