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  • 06-10-2022
  • Business
contestada

Question 2 of 4
Two payments of $10,000 and $5,600 are due in 1 year and 2 years,
respectively. Calculate the two equal payments that would replace these
payments, made in 6 months and in 4 years if money is worth 4.5%
compounded quarterly.
Round to the nearest cent

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