Question: June 1 9 , 2 0 2 4 4 . Payments of $ 2 4 0 0 originally scheduled to be paid today, $ 1

June 19,2024
4. Payments of $2400 originally scheduled to be paid today, $1200 due 18 months from today, and $3000 due 33 months from today are to be replaced with a single payment due six months from now. Using 6% compounded quarterly as the rate of return money can earn, what payment six months from now would be equivalent to the three scheduled payments?
June 19,2024 4. Payments of $2400 originally scheduled to be paid

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