Dandil owes two debt payments - a payment of $5323 that was due today and a...
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Dandil owes two debt payments - a payment of $5323 that was due today and a payment of $1655 due in 14 months. If Greg makes a payment now of $1000 and another payment in 6 months, what would this payment be if money is worth 5.30% p.a. simple interest? Assume a focal date of 6 months. Please express your answer to the nearest dollar. Sample input: 2456 for $2456. Dandil owes two debt payments - a payment of $5323 that was due today and a payment of $1655 due in 14 months. If Greg makes a payment now of $1000 and another payment in 6 months, what would this payment be if money is worth 5.30% p.a. simple interest? Assume a focal date of 6 months. Please express your answer to the nearest dollar. Sample input: 2456 for $2456.
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