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6) Amber has the following three debts to pay: a $4000 due in 6 months from today, a $3800 due in 12 months from today

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6) Amber has the following three debts to pay: a $4000 due in 6 months from today, a $3800 due in 12 months from today and a $3500 due in 18 months from today. She wants to combine all debts into one single payment of $11300. When should she make that single payment? (4 marks) Hint: Find the present value (today value) of all three debts, and proceed from there

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