Dan borrowed $1343.00 today and is to repay the loan in two equal payments. The...
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Dan borrowed $1343.00 today and is to repay the loan in two equal payments. The first payment is in four months, and the second payment is in eleven months. If interest is 6% per annum on the loan, what is the size of the equal payments? Use today as the focal date.
The size of the equal payments is____$
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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