Question: What single payment, 45 days from now, is economically equivalent to the combination of three payments of $1750 each: one due 75 days ago, the
What single payment, 45 days from now, is economically equivalent to the combination of three payments of $1750 each: one due 75 days ago, the second due today, and the third due in 75 days? Money is worth 9.9% per annum.
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