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Chapter 7 - Equivalent Values Find the equivalent replacement payments indicated for each of the following scheduled payments. Original scheduled payments = $857 due today,

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Chapter 7 - Equivalent Values Find the equivalent replacement payments indicated for each of the following scheduled payments. Original scheduled payments = $857 due today, and $731 due in 3 months. Replacement payments = in Full Focal Date = 7 months from today. Interest rate = 8.8% (Do not include the $ sign in your answer.) Check

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