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Jonathon takes out a cash loan of $12,000. He agrees to pay back the loan with...

Jonathon takes out a cash loan of $12,000. He agrees to pay back the loan with three payments as follows: $2,000 at the end of six months, ($2,000 + Y) at the end of 10 months and ($2,000 + 2Y) at the end of 18 months. What is the value of Y if

a) r = 6% and you use 8 months as the focal date

b) d = 6% and you use 14 months as the focal date

c)  j4 = 6% and the exact method is assumed

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