A two-payment stream consisting of $1750 due today and $2900 due in 18 months is to be
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A two-payment stream consisting of $1750 due today and $2900 due in 18 months is to be replaced by an economically equivalent stream comprised of an undetermined payment due in 9 months and a payment of $3000 due in 19 months. Calculate the unknown replacement payment if money is worth 4.2% compounded monthly.
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Let x represent the replacement payment due in 9 mont...View the full answer
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Ruby Yadav
I am Ruby yadav. I completed my b.tech from UIET kurukshetra University in electronics and communication .Then I worked as teaching associate in engineering college RPSGOI Mahendergarh for 2.4 years. Further I qualified GATE exam and then completed my m.tech also in electronics and communication from DCRUST murthal with 1st division with honour. Since beginning of my career I am very much interested in teaching. I feel very comfortable and happy in a learning environment.y voice quality is very good for teaching and I am a good mentor also. I have 4 plus years of teaching experience as physics tutor. I feel I should contribute my knowledge and experience to the community. I think this is the right path to serve to the society.
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Related Book For 
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
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