Jane is obliged to pay a loan of 1000 with the effective rate of 5% in 9 moths and a loan of 1300 in 5 moths with the nominal inte

Jane is obliged to pay a loan of 1000 with the effective rate of 5% in 9 moths and a loan of 1300 in 5 moths with the nominal interest rate 6% compounded monthly. He wants to pay now $1500 and to pay the rest 13 months later. What is the second payment if it is a loan with the nominal interest rate of 3% compounded twice a month.​

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