Question: Matt had agreed to make two payments a payment of $2000 due in nine months and a payment of $1500 in a year. If Matt

Matt had agreed to make two payments— a payment of $2000 due in nine months and a payment of $1500 in a year. If Matt makes a payment of $1800 now, when should he make a second payment of $1700 if money is worth 8% compounded quarterly?

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