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Two payments of $7,000 each must be made 3 years and 7 years from now. If money can earn 8.0% compounded quarterly, what single payment,

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Two payments of $7,000 each must be made 3 years and 7 years from now. If money can earn 8.0% compounded quarterly, what single payment, five years from now, would be equivalent to the two scheduled payments? Round to the nearest dollar. Your

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