8.) Payments of $1,000 in year two and $5,000 in year five are equivalent to uniform...

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8.) Payments of $1,000 in year two and $5,000 in year five are equivalent to uniform...

8.) Payments of $1,000 in year two and $5,000 in year five are equivalent to uniform payments in years three through seven at an interest rate of 15%. Calculate those uniform payments.

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Answer 1

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Answer 2

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