Question: Answer Mock Test 4 Score: 8/24 Answered: 10/16 Question 11 Julian borrowed $4,880 today and is to repay the loan in two equal payments, one

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Mock Test 4 Score: 8/24 Answered: 10/16 Question 11 Julian borrowed $4,880 today and is to repay the loan in two equal payments, one in 3 months and the other in 9 months. Assuming an interest rate of 9.2% p.a. on the loan, determine the size of the equal payments if a focal date of "today" is used. $ Question Help: B Written Example Check

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