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1. Loan payments of $1,725 due today, $510 due in 75 days, and $655 due in 323 days are to be combined into a single

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1. Loan payments of $1,725 due today, $510 due in 75 days, and $655 due in 323 days are to be combined into a single payment to be made 115 days from now. What is that single payment if money is worth 8.5% p.a. and the focal date is 115 days from now? (6 marks)

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