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BUQU 1130: Business Mathematics III !!! 0+ Question 3 Not yet answered Marked out of 5.00 Flag question Ramon wishes to replace payments of $600

BUQU 1130: Business Mathematics III !!! 0+ Question 3 Not yet answered Marked out of 5.00 Flag question Ramon wishes to replace payments of $600 due today and $900 due in 22 months by a single equivalent payment 18 months from now. If money is worth 5% compounded monthly, what should that payment be? 1 A B I ? PA

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