Debts of $1480

question 103

Essay

Debts of $1480.00 due four months ago and $1385.00 due in one month are to be settled by two equal payments due now and nine months from now respectively. Find the size of the equal payments at 12% p.a. with the agreed focal date now.

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Definitions:

Masturbates

The act of sexually stimulating oneself, typically to the point of orgasm.

Pedophilic Disorder

A psychiatric disorder characterized by an adult's sexual attraction to prepubescent children, which is harmful and illegal.

Prepubescent Girls

Young females who have not yet reached puberty, the period where sexual maturation and physical growth accelerate.

Sexual Objects

Items or artifacts that are used or regarded in a sexual manner, often to enhance sexual pleasure or during sexual rituals.