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One year ago Radu bought a car from Aida which was to be payed for with a payment of $ 3 0 0 . 0
One year ago Radu bought a car from Aida which was to be payed for with a payment of $ months ago and $ months from now. Radu missed the first payment and now Aida wants him to settle the debt by making a single payment today equivalent to the value of the two originally specified payments. How much money would Radu have to pay Aida if money could earn simple interest of per month? For full marks your answers should be rounded to the nearest cent.
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