Determine the value of the single payment on July $11,2024$ that is economically equivalent to a payment stream consisting of:

a payment of $$10,830$ on November $18,2023,$

a payment of $$8,950$ on April $3,2024,$

a payment of $$13,350$ on October $25,2024.$

Assume a simple interest rate of $6\mathrm{.}9\%.$

Nov. $18,2023$Apr. $3,2024$Jul. $11,2024$Oct. $25,2024$$$10,830$$$8,950$$$13,350$FV$2$FV$1$PV$3+$TotalTime Diagram

Start by calculating the following values on the time diagram:

FV$2=$$

FV$1=$$

PV$3=$$

The single payment on July $11,2024$ is:

Total $=$$