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Two debts: $1200 due in 2 years and $4000 due in 5 years are to be repaid by a single payment in six years. An

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Two debts: $1200 due in 2 years and $4000 due in 5 years are to be repaid by a single payment in six years. An interest rate of 4.2% p.a. compounded monthly is assumed. (i) Represent the information on a timeline How much will be paid in the single payment to account for these debts

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