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A debt payment of $7200 is due in 108 months. If money is worth 6.9% p.a. compounded annually, find the equivalent payments at the times
A debt payment of $7200 is due in 108 months. If money is worth 6.9% p.a. compounded annually, find the equivalent payments at the times shown below. (a) now (b) in 36 months (c) in 108 months (d) in 168 months (a) The equivalent debt payment is $0. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (b) The equivalent debt payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (C) The equivalent debt payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) (d) The equivalent debt payment is $. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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