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Loan payments of $2,900 due 94 days ago and $3,400 due today are scheduled to be repaid with a payment of $3,520 in 35 days
Loan payments of $2,900 due 94 days ago and $3,400 due today are scheduled to be repaid with a payment of $3,520 in 35 days and the balance in 129 days. If money earns 6% p.a. simple interest, what is the size of the final payment? Use 129 days from today as the focal date. Round to the nearest cent
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