Question: Business Math Please Answer correctly! Susan originally planned to make payments of $1000 and $2000 due 1 year ago and a year from today. She

Business Math

Please Answer correctly!

Business Math Please Answer correctly! Susan originally planned to make payments of

Susan originally planned to make payments of $1000 and $2000 due 1 year ago and a year from today. She is to replace those payments with a payment today and a $1500 payment two years from now. The replacement plan must be economically equivalent to the first plan.With the focal point being today, what is the unknown payment, if money can earn 5% compounded quarterly? (Round answer to 2 decimal places) ***Enter PV as a NEGATIVE (-) *** $1000 $2000 $1500 P/Y = P/Y P/Y C/Y = C/Y = C/Y = Z IN IN 1/Y UOLE Il I/Y 1/Y JULIE non PV = PV = PV = PMT = PMT= PMT = FV = FV = FV = ANSWER =

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