Question: A debtor offers to repay a debt by making a payment of $300 one year from today $3200 three years from today, and $3600 four

A debtor offers to repay a debt by making a payment of $300 one year from today $3200 three years from today, and $3600 four years from today. The reading agency, would rather receive the money the money in 4 equal payments. Assuming a Tvom of 3%, how much would the debtor need to pay to make these cash flows equivalent

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