Question: Please write your calculation procedure Assume that she borrows the money at the optimal rate determined above. X arranges to repay the money with two

Please write your calculation procedure Assume that she borrows the money

Please write your calculation procedure

Assume that she borrows the money at the optimal rate determined above. X arranges to repay the money with two equal instalments, one in 17 months and the second 14 months later (i.e. 31 months from today). How much are these payments. Assume that she borrows the money at the optimal rate determined above. X arranges to repay the money with two equal instalments, one in 17 months and the second 14 months later (i.e. 31 months from today). How much are these payments

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