Asia had an agreement to pay Sarbjit payments of $2,500 in 1 year from now and $3,000 in 30 Months from now. How much should Asia pay Sarbjit 2 years from now in order to clear the debt? Assume interest is 4% compounded quarterly?

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4 Asia had an agreement to pay Sarbjit payments of $2,500 in 1 year from now and $3.000 in 30 months from now How much should Asia pay Sarbjit 2 years from now, in order year car the debur Assume interest is a compounded quarterly. (Ans: $5.542.40)