Question: Question 1 5 ( 1 6 points ) Sal was supposed to pay Phee $ 4 , 0 0 0 two months ago and $
Question points Sal was supposed to pay Phee $ two months ago and $ in months. Sal missed the payment of $ and would like to replace the original arrangement with a new one. The new agreement calls for equal payments. The first payment is due today and the second payment is due in months. The appropriate interest rate is J Calculate the value of the equal payments. Choose today as your focal date. You will get partial points for: Making a valid timeline pts Moving all amount of money to the focal date correctly pts points per calculation Setting up the equation of equivalence pts Solving the equation of equivalence pts do this question according to the finance calculator
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