Question: HW Score: 47.78%, 14.33 O E Homework: Question 14, > of 30 points Assignment 4 7.5.3 X Points: 0 Save of 1 A loan payment

HW Score: 47.78%, 14.33 O E Homework: Question 14, > of 30 points Assignment 4 7.5.3 X Points: 0 Save of 1 A loan payment of $1400.00 was due 30 days ago and another payment of $700.00 is due 40 days from now. What single payment 130 days from now will pay off the two obligations if interest is to be 5% and the agreed focal date is 130 days from now? The value of the payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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