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$4,000 is due in five years. If money is worth 12% compounded annually, what is the equivalent payment in two years that would settle this

$4,000 is due in five years. If money is worth 12% compounded annually, what is the equivalent payment in two years that would settle this debt?

A 3-year term deposit of $5,000 earns 8.5% compounded quarterly?

What is the maturity value?

How much interest did the deposit earn?

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