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4. Jane was due to make loan payments of $1,200 six months ago, $1,500 one month ago, and $700 in two months. Instead, she is

4. Jane was due to make loan payments of $1,200 six months ago, $1,500 one month ago, and $700 in two months. Instead, she is to make a single payment today. If money is worth 9.8% simple interest, what is the size of the replacement payment? (Include a timeline in your work) (5 marks) BY USIG BA 2 FINANCIAL CALCULATOR

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