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Schedule payment of $639 due on one year ago and $1112 due in five years...

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Accounting

Schedule payment of $639 due on one year ago and $1112 due in five years are to be replaced by two equal payments. The first replacement is due in three years and the second payment is due in eight years. Determine the the size of the two replacement payments if interest is 2.1% compounded annually and the focal date is three years from now.

The size of the two replacement payment is $[]?

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