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Reduce the ratio to its lowest term 1.2: 1.68:0.72 120: 168:72 2.4: 3.36: 0.72 12:16.8: 7.2 ) 5:7:3 What is the value of a payment

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Reduce the ratio to its lowest term 1.2: 1.68:0.72 120: 168:72 2.4: 3.36: 0.72 12:16.8: 7.2 ) 5:7:3 What is the value of a payment to be received on March 12 if it is economically equivalent to a $1000 payment originally due on the subsequent July 6, if money is worth 6.8% per year? 978.85 987.58 967.90 100

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