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You owe $1,500 at 6 months and $2,500 at 12 months. You and your creditor agree you can pay BOTH debts NOW using a

You owe $1,500 at 6 months and $2,500 at 12 months. You and your creditor agree you can pay BOTH debts NOW using a 5% quarterly rate. [A] What is the settlement amount?

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