Question: Chapter 7 - Equivalent Values Find the equivalent replacement payments indicated for each of the following scheduled payments. Original scheduled payments =$363 due 3 months

Chapter 7 - Equivalent Values Find the equivalent replacement payments indicated for each of the following scheduled payments. Original scheduled payments =$363 due 3 months ago, and $510 due in 4 months. Replacement payments =$494 today, and the balance due in 5 months. Find the balance due. Focal Date = Today Interest rate =8.2% (Do not include the $ sign in your answer.)

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