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OA-4 Close Date: Sun, Jun 5, 2022, 11:59 PM Question 4 of 8 A payment of $2,600 is due in 2 years and $3,600 is
OA-4 Close Date: Sun, Jun 5, 2022, 11:59 PM Question 4 of 8 A payment of $2,600 is due in 2 years and $3,600 is due in 4 years. These two original payments are to be rescheduled with a payment of $1,850 in 1 year and the balance in 3 years. Calculate the payment required in 3 years for the rescheduled option. Assume that money earns 4.25% compounded semi-annually. $4,546.79 (x) Round to the nearest cent
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