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Scheduled payments of $ 8 2 5 , $ 3 5 2 , and $ 1 0 4 5 are due in one year ,

Scheduled payments of $825,$352, and $ 1045 are due in one year, four and a half years, and five and a half years respectively. What is the equivalent single replacement payment two and a half years from now if interest is 3.1% compounded semi annually?

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