Question: urgent please need it an 1 hour & 30 mins!!! use step by step answer Kaitlyn owes $9,760 to a friend who is charging her
urgent please need it an 1 hour & 30 mins!!!
use step by step answer
Kaitlyn owes $9,760 to a friend who is charging her interest of 1.70% p.m. She is required to settle the amount with two equal payments, one immediately and the other in 5 months. Calculate the size of the two equal payments, using 5 months as the focal date. Include a well-labelled timeline as part of a complete solution. Round to the nearest cent
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