OA4 Q6&7

Two payments of $14,000 and $6,900 are due in 1 year and 2 years, respectively. Calculate the two equal payments that would replace these payments, made in 9 months and in 4 years if money is worth 5.5% compounded quarterly. $0.00 Round to the nearest cent A payment of $34,000 is due today. What three equal payments, one in 2 years, one in 4 years, and one in 6 years, would replace the original payment? Assume that money earns 5.25% compounded quarterly. $0.00 Round to the nearest cent