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A payment of $3000 is due in 2 months and another payment of $5600 is due in 8 months. Calculate the value of a single
A payment of $3000 is due in 2 months and another payment of $5600 is due in 8 months. Calculate the value of a single payment to be made in 4 months that is equivalent to these wo payments if money earns 4% p.a. simple interest
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Integrated Accounting
Authors: Dale A. Klooster, Warren Allen, Glenn Owen
8th edition
