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A debt payment that was due 30 months ago will instead be repaid with an equivalent value of $127.02 in 27 months from now.

A debt payment that was due 30 months ago will instead be repaid with an equivalent value of $127.02 in 27 months from now. The interest rate is 10.27% compounded quarterly. a) What value of N should be used for calculations? b) What was the original value of the debt payment? Your Answer:

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