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Scheduled payments of $400 each are due at the end of each of the next four years. If money is worth 11% compounded semi-annually, what

Scheduled payments of $400 each are due at the end of each of the next four years. If money is worth 11% compounded semi-annually, what is the single equivalent replacement payment. four years from now

P.S. Please draw the time line before working on it

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