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Question 3 of 4 What single payment today would replace a payment of $2,150 in 3 years and a payment of $5,800 in 4 years
Question 3 of 4 What single payment today would replace a payment of $2,150 in 3 years and a payment of $5,800 in 4 years if the interest rate is 8.00% compounded quarterly? $0.00 Round to the nearest cent Question 4 of 4 Payments of $1,650 in 1 year and another $2,100 in 5 years to settle a loan are to be rescheduled with a payment of $850 in 15 months and the balance in 27 months. Calculate the payment required in 27 months for the rescheduled option to settle the loan if money earns 5.55% compounded quarterly during the above periods. $0.00 Round to the nearest cent
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