Three payments are scheduled as follows: $2,200 is due today, $1,900 is due in five months,...

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Three payments are scheduled as follows: $2,200 is due today, $1,900 is due in five months, and $3,500 is due in eight months. The three payments are to be replaced by a single equivalent payment due ten months from now. What should the payment be if money is worth 6.0% ? Use ten months from now as the focal date. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Payment $ Three payments are scheduled as follows: $2,200 is due today, $1,900 is due in five months, and $3,500 is due in eight months. The three payments are to be replaced by a single equivalent payment due ten months from now. What should the payment be if money is worth 6.0% ? Use ten months from now as the focal date. (Do not round intermediate calculations and round your final answer to 2 decimal places.) Payment $