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Scheduled payments of $1145, $572, and $1298 are due in one year, three-and-a-half years, and six years respectively. What is the equivalent single replacement payment
Scheduled payments of $1145, $572, and $1298 are due in one year, three-and-a-half years, and six years respectively. What is the equivalent single replacement payment three years from now if interest is 3% compounded
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