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A debt can be repaid by payments of $5125.00 today, $4770.00 in two years and $5600.00 in five years. What single payment would settle the
A debt can be repaid by payments of $5125.00 today, $4770.00 in two years and $5600.00 in five years. What single payment would settle the debt three years from now if money is worth 9.88% p.a. compounded quarterly?
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