Question: Please give diagram and ball point for BA 2 plus calculator for the solution 12. Two old payments on a debt were arranged. The first

Please give diagram and ball point for BA 2 plus calculator for the solution

12. Two old payments on a debt were arranged. The first payment for $1,200 was due in 6 months, paying 11.5%, compounded quarterly, the second payment of $600 was due in 12 months, paying 12%, compounded monthly. These are to be replaced by two equal payments due in 9 and 18 months, respectively. What is the size of these payments if money is worth 13%, compounded semi-annually? Use 9 months from now as the focal date. (10 marks) Preliminaries: Diagram: Solution

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