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Two debts, the first of $1300 due three months ago and the second of $1500 borrowed one year ago for a term of three years

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Two debts, the first of $1300 due three months ago and the second of $1500 borrowed one year ago for a term of three years at 9.2% compounded annually, are to be replaced by a single payment one year from now. Determine the size of the replacement payment if interest is 8.4% compounded quarterly and the focal date is one year from now. The size of the replacement payment is $. (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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