Find the equated date at which the original payments are equivalent to the single payment. State...
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Find the equated date at which the original payments are equivalent to the single payment. State your answer in years and months (from 0 to 11 months). Original Payments Interest Rate Frequency of Single Payment Conversion $1317.00 due today and 2% semi-annually $975.00 due in 2 years $2741.83 In year(s) and month(s) the single payment will be equivalent to the original payments. Find the equated date at which the original payments are equivalent to the single payment. State your answer in years and months (from 0 to 11 months). Original Payments Interest Rate Frequency of Single Payment Conversion $1317.00 due today and 2% semi-annually $975.00 due in 2 years $2741.83 In year(s) and month(s) the single payment will be equivalent to the original payments.
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