Are two equal payments of size x equivalent to a single payment of 2x made midway between the two scheduled payments? If not, is the equivalent payment larger or smaller than 2x? Explain.

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The Answer of Are two equal payments of size x equivalent to a single payment of 2x made midway between the two scheduled payments? If not, is the equivalent payment larger or smaller than 2x? Explain.

Are Two Equal Payments of Size X Equivalent to a Single