Payments of $900 due 30 days from now and $1000 due 210 days from now are to
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Payments of $900 due 30 days from now and $1000 due 210 days from now are to be replaced with a single equivalent payment 90 days from now. If money can be invested at 4%, what single payment made 90 days from now is equivalent to the payment stream?
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Related Book For 
Business Mathematics In Canada
ISBN: 9781260065992
10th Edition
Authors: F. Ernest Jerome, Tracy Worswick
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