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What single payment six months from now would be economicallyequivalent to payments of $900 due (but not paid) four months agoand $1200 due in 12
What single payment six months from now would be economicallyequivalent to payments of $900 due (but not paid) four months agoand $1200 due in 12 months? Assume money can earn 3.1% compoundedmonthl 1 answer
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield
15th edition
978-1118159644, 9781118562185, 1118159640, 1118147294, 978-1118147290
