(1) Sebeduled parents of $810 due today 185 dare in 6 months and $475 due in 24 months are to be replaced by a single equivalent amm paid at the fotal date by 18 months from today alams 9.7% compounded anually." fusing P/Y - c/y = 1 and PMT=0 determine the economically equivalent value focal date and at the 21 Many N. Mariy $810 due to day to the Pv. 810 for each amen date EVE $685 due in 6 months to the focal date. PV FV $475 due in 24 months to the foce Pv FV The singh cal date