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Scheduled payments of $906, $831, and $1165 are due in one-and-a-half years, four-and-a-half years, and six years respectively. What is the equivalent single replacement payment
Scheduled payments of $906, $831, and $1165 are due in one-and-a-half years, four-and-a-half years, and six years respectively. What is the equivalent single replacement payment two years from now if interest is 3.5% compounded semi-annually
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