Payments of $500 originally scheduled to be paid today and $300 originally scheduled to be paid three
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Payments of $500 originally scheduled to be paid today and $300 originally scheduled to be paid three months from today are to be replaced with a single payment six months from today. Calculate the combined equivalent value of the two payments six months from today if money can earn 2 1 2 % .
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Related Book For 
Business Mathematics In Canada
ISBN: 9781260065992
10th Edition
Authors: F. Ernest Jerome, Tracy Worswick
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