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A debtor owing payments of $ 7 5 0 due today, $ 1 , 0 0 0 due in 2 years, and $ 1 ,

A debtor owing payments of $750 due today, $1,000 due in 2 years, and $1,250 due in 4 years requests a payout figure to settle all three obligations by means of a single economically equivalent payment 18 months from now. What is that amount, if the payee can earn 9.5% compounded semiannually? (Do not round your intermediate calculations and round your final answer to the nearest cent.)
The payout amount $

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