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A loan payment of $1000 was due 60 days ago, and another payment of $1800 is due 30 days from today. What single payment 90
- A loan payment of $1000 was due 60 days ago, and another payment of $1800 is due 30 days from today. What single payment 90 days from today will pay off the two obligations if interest is to be 8% and the agreed focal date is 90 days from today?
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Personal Finance
Authors: Jeff Madura
5th edition
132994348, 978-0132994347
