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Three payments are scheduled as follows: $1,850 is due today, $1,550 is due in five months, and $2,800 is due in eight months. The three

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Three payments are scheduled as follows: $1,850 is due today, $1,550 is due in five months, and $2,800 is due in eight months. The three payments are to be replaced by a single equivalent payment due ten months from now. What should the payment belf money is worth 72%? Use ten months from now as the focal date. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Payment

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