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A payment of 5000 was due three months ago and another payment of 8000 is due in nine months calculate the value of a single
A payment of 5000 was due three months ago and another payment of 8000 is due in nine months calculate the value of a single payment to be made in 5 months that is equivalent to these two payments if money earns 6% p.a simple interest three months ago and 6.25% p.a of simple interest starting from today and there after
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