A debt can be repaid with payments of $4134 today, $12320 in 2 years and $17101...
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A debt can be repaid with payments of $4134 today, $12320 in 2 years and $17101 in 5 years. What single payment will settle the debt 3 years from now if interest is 9.7% compounded quarterly? Answer: A debt can be repaid with payments of $4134 today, $12320 in 2 years and $17101 in 5 years. What single payment will settle the debt 3 years from now if interest is 9.7% compounded quarterly? Answer:
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