Scheduled debt payments of $600 each are due three months and six months from now. If interest

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Scheduled debt payments of $600 each are due three months and six months from now. If interest at 10% is allowed, what single payment today is required to settle the two scheduled payments?
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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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