Question: Adebtor offers to repay a debt by making a payment of $600 one year from today, $3,600 three years from today, and $4,800 four years

Adebtor offers to repay a debt by making a payment of $600 one year from today, $3,600 three years from today, and $4,800 four years from today. The lending agency would rather receive the money in 4 equal end of year payments. Assuming a TVOM of 6%, which Excel entry should you use to find how much the debtor would need to pay to make these cash flows equivalent

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