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Three debts, the first for $1,720.00 due four months ago, the second for $1,315.00 due in 5 months, and the third for $1,640.00 due in
Three debts, the first for $1,720.00 due four months ago, the second for $1,315.00 due in 5 months, and the third for $1,640.00 due in 7 months, are to be paid by a single payment today. How much is the single payment if money is worth 7.5% p.a. and the agreed focal date is today?
A) 1275.15
B) 1763.00
C) 4609.41
D) 1571.26
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