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What single payment, made 45 days from now, is economically equivalent to the combination of three equal payments of $1750 each: one due 75 days
What single payment, made 45 days from now, is economically equivalent to the combination of three equal payments of $1750 each: one due 75 days ago, the second due today, and the third due 75 days from today? Money is worth 9.9% per annum. (Do not round intermediate calculations and round your final answer to 2 decimal places.)
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