A loan of $ 2 4 2 4 borrowed today is to be repaid in three equal
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Question:
A loan of $ borrowed today is to be repaid in three equal installments due in one dash and dash a dash half years four years and five years respectively. What is the size of the equal installments if money is worth compounded annually question mark
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Part
The payments are each $
enter your response here.
Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.
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