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What three equal payments, one in 3 years, one in 4 years, and one in 6 years would replace one single payment of $32,000 due
What three equal payments, one in 3 years, one in 4 years, and one in 6 years would replace one single payment of $32,000 due today at an interest rate of 5.97% compounding semi-annually? $0.00 Round to the nearest cent When Pacific Inc. bid for a project with the government, the company was offered the following two payment options: Option (A): A payment of $700,000 at the end of 4 years, which is the scheduled completion time for the project. Option (B): $145,000 paid upfront at the beginning of the project and the balance payment in 4 years. If the two payments are financially equivalent and the interest rate is 4.14% compounded semi-annually, calculate the balance payment offered in Option() Round to the nearest cent What equal payments in 3 years and 5 years would replace payments of $40,000 and $95,000 in 6 years and 8 years, respectively? Assume money can earn 4.74% compounded monthly. Round to the nearest cent
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