Home Homework Library Mathematics Actuarial Science 4. Solve the following equations of value. c) Greg borrows $190...

4. Solve the following equations of value. c) Greg borrows $190...

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4. Solve the following equations of value.

c) Greg borrows $1900 at 5% interest. He plans to repay the loan with two payments of $1100. The first payment will be in one year and the second at some point in the futures. When should Greg make the second payment?

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