Question: 5 What single payment 6 months from now would be economically equivalent to payments of 580o due (but not paid four months ago and $1100

5 What single payment 6 months from now would be economically equivalent to payments of 580o due (but not paid four months ago and $1100 due in 12 months? Assume money can earn 20% compounded monthly (Do not round intermediate cateulations and round your final answer to 2 decimal places) 10 posts Equivalent payment

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