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If $2,200 was invested 15 months ago at a simple interest rate of 5.1%, what would be the value of the investment 18 months from

If $2,200 was invested 15 months ago at a simple interest rate of 5.1%, what would be the value of the investment 18 months from now?



What payment 17 months from now would be equivalent in value to a $4,225 payment due 2 months ago and a $3,250 payment due 2 months from now? The value of money is2.9%, simple interest.

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