Dustin currently owes $6,000 to a friend who is charging him interest of 1.90% p.m. He is required to settle the loan with two equal payments, one today and the other in seven months. Calculate the...

Extracted text: Dustin currently owes $6,000 to a friend who is charging him interest of 1.90% p.m. He is required to settle the loan with two equal payments, one today and the other in seven months. Calculate the size of the payments using seven months as the focal date. Include a well-labelled timeline diagram. Write out and submit your complete solution. Round to the nearest cent