1. Scheduled debt payments of $600 each are due thre months and six months from now. If interest at 10% is allowed, what single payment today is required to settle the two scheduled payment? 2. Debt payment of $700 in two months and $800 in five months are scheduled to be due. If interest at 8.3% is allowed, what single payment today is required to settled the two scheduled payments? 3. A loan payment of $1000 was due 60 days ago, and another payment of $1200 is due 30 days from now. What single payment 90 days from now will pay off the two obligations if interest is to be 8% and the agreed focal date is 90 days from now? 4. A loan payment of $2200 was due 91 days ago, and another payment of $1800 is due 45 days from now. What single payment 75 days from now will pay off the two obligations if interest is to be 9% and the agreed focal date is 75 days from now? 5. Jay was due to make loan payments of $500 four months ago, $800 today and $400 in three months. He has agreed instead to make a single payment one month from today. If money is worth 10.5% and the agreed focal date is one month from today. What is the size of the replacement pyment? 6. Jane was due to make loan payments of $1200 six months ago, $1500 one month ago, and $700 in two months. Instead, she is to make a single payment today. If money is worth 9.8% and the agreed focal date is today, what is the size of the replacement payment?