Answer:
Amount of identical payment = $1,488.631
Explanation
The two identical payments receivable in the future is referred to as an annuity. So e can use the present value of the annuity formula to work out the annual amount payable
The present value f an annuity due = A × (1- (1+r) ^-n/r) × (1+r)
A-constant amount.- r- interest ate, n- number of years
2,893 = A∠× (1- 1.06^(-2)/0.06)× (1.06)
2,893 = A × 1.943396226
A= 2,893/1.9433
A= 1488.631068
Amount of identical payment = $1,488.631
