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Two scheduled debt payments of $ 3 0 6 each are due four months and nine months from now respectively. If interest at 4 %

Two scheduled debt payments of $306 each are due four months and nine months from now respectively. If interest at
4% is allowed, what single payment today is required to settle the two scheduled payments?
The single payment required to settle the two scheduled payments is $
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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