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Payments of $200 due 6 months ago and $1,100 due 6 months from now are to be replaced by one equivalent payment four months
Payments of $200 due 6 months ago and $1,100 due 6 months from now are to be replaced by one equivalent payment four months from now. What is the size of this payment if money can earn 8% simple interest. Round your answer to two decimals. Do not round intermediate steps.
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Value of 200 due 6 months ago but to be paid 6 months from ...
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Multinational Finance Evaluating Opportunities Costs and Risks of Operations
Authors: Kirt C. Butler
5th edition
1118270126, 978-1118285169, 1118285166, 978-1-119-2034, 978-1118270127
