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Scheduled payments of $1107, $1429, and $432 are due in one and a half years, four and a half years and five anda half years
Scheduled payments of $1107, $1429, and $432 are due in one and a half years, four and a half years and five anda half years respectively. What is the equivalent single replacement payment 3 years from now if interest 4.1 % is compounded The equivalent single replacement payment is $ nothing. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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