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Ryan had to make payment of $2,000 in 6 months and 3,000 in 18 months respectively to make a raw material supplier, What single payment

Ryan had to make payment of $2,000 in 6 months and 3,000 in 18 months respectively to make a raw material supplier, What single payment 12 months from today would settle both of these payments? assume a simple interest of 6% per year.

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