Question: Current Attempt in Progress A debtor offers to repay a debt by making a payment of $ 3 0 0 one year from today, $
Current Attempt in Progress
A debtor offers to repay a debt by making a payment of $ one year from today, $ three years from today, and $ four years from today. The lending agency would rather receive the money in equal end of year payments. Assuming a TVOM of how much would the debtor need to pay to make these cash flows equivalent?
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$
Carry all interim calculations to decimal places and then round your final answers to a whole number. The tolerance is
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