Question: What equal payments in 2 years and 4 years would replace payments of $45,000 and $80,000 in 7 years and 9 years, respectively? Assume money
What equal payments in 2 years and 4 years would replace payments of $45,000 and $80,000 in 7 years and 9 years, respectively? Assume money can earn 3.90% compounded monthly.
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