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A loan payment of $1000.00 was due 10 days ago and another payment of $800.00 is due 50 days from now. What single payment 120

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A loan payment of $1000.00 was due 10 days ago and another payment of $800.00 is due 50 days from now. What single payment 120 days from now will pay of the two obligatona tnterest is to be 3% and the agreed focal date is 120 days from now? The value of the 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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