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A payment of $23,000 is due today. What three equal payments, one in 2 years, one in 4 years, and one in 6 years, would

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A payment of $23,000 is due today. What three equal payments, one in 2 years, one in 4 years, and one in 6 years, would replace the original payment? Assume that money earns 4.5% compounded semi-annually. $0.00 Round to the nearest cent Two payments of $8,000 and $4,600 are due in 1 year and 2 years, respectively. Calculate the two equal payments that would replace these payments, made in 3 months and in 4 years if money is worth 7% compounded quarterly. $0.00 Round to the nearest cent A scheduled payment of $3,500 due in one year is to be replaced with two payments: the first due in 9 months and the second due in 20 months. Calculate the size of the two payments if the second payment is to be twice as large as the first payment, and money can earn 6% compounded monthly. First payment: $0.00 Second payment: $0.00 Round your answers to the nearest cent

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