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Loan payments of $1725 due today, $510 due in 75 days, and $655 due in 323 days are to be combined into a single payment
Loan payments of $1725 due today, $510 due in 75 days, and $655 due in 323 days are to be combined into a single payment to be made 115 days from now. What is that single payment if money is worth 8.5% p.a. and the focal date is 115 days from now?
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