Question: exact answer as soon as possible Two debts, the first of $1900 due three months ago and the second of $1600 borrowed two years ago

exact answer as soon as possible

Two debts, the first of $1900 due three months ago and the second of $1600 borrowed two years ago for a term of five years at 7.3% compounded annually, are to be replaced by a single payment one year from now.

Determine the size of the replacement payment if interest is 6.4% compounded quarterly and the focal date is one year from now.

The size of the replacement payment is $

(Roundtothenearest centas needed. Round all intermediate values to six decimal places as needed.)

exact answer as soon as possible Two debts, the first of

one year tom now. Deiermine the sire of the replacement payment if interest is 64% compounded quarterly and the focal dale as one year trom now The size of the repiscement payment is 1 (Found to the nearest cent as heeded, Round all mtermeciate yalues to six decimal places as needed)

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