Kelsey was supposed to pay Mitchell $5200 6 months ago and $ 1060 in 5...
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Accounting
Kelsey was supposed to pay Mitchell $5200 6 months ago and $ 1060 in 5 months. She wants to repay this amount with two payments of 3400 today and the balance amount. Assume interest I sent 4.60% p.a and the agreed focal date is 2 month from now.
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