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11. Debts of $850 due in six months, $700 due in sixteen months, and $1100 due in three years are to be settled by a

11. Debts of $850 due in six months, $700 due in sixteen months, and $1100 due in three years are to be settled by a single payment one year from now. What is the size of that single payment if interest is 7.5% compounded monthly

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