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Q21: What amount is equivalent today to a sum of $3423.4 paid 11 months ago, and a payment of $4250.14 due in 1.4 years? Assume

Q21: What amount is equivalent today to a sum of $3423.4 paid 11 months ago, and a payment of $4250.14 due in 1.4 years? Assume the rate of simple interest is 4.8%

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