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A payment stream consists of $ 2 , 8 0 0 payable today and $ 4 . 2 0 0 payable in 2 3 months.
A payment stream consists of $ payable today and $
payable in months. What is the equivalent value of the payment stream months from now if money is worth annual simple interest? Draw a time diagram for the question and label the focal date. Show your work.
Round your final answer to two decimals.
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