Scheduled payments of $600.00, $800.00, and $1200.00 are due in 1 year, 3 years and 6...

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Scheduled payments of $600.00, $800.00, and $1200.00 are due in 1 year, 3 years and 6 years respectively. What is the equivalent single replacement payment 2 1/2 years from now if interest is 7.5% compounded monthly? O $2365.54 $2872.45 $2436.89 $2577.25 O$3021.87 Scheduled payments of $600.00, $800.00, and $1200.00 are due in 1 year, 3 years and 6 years respectively. What is the equivalent single replacement payment 2 1/2 years from now if interest is 7.5% compounded monthly? O $2365.54 $2872.45 $2436.89 $2577.25 O$3021.87