Question: l Lab # Question 1 [3 points] What payment 7 months from now is equivalent to a $3,300 payment today if money can earn 8%

 l Lab # Question 1 [3 points] What payment 7 months

l Lab # Question 1 [3 points] What payment 7 months from now is equivalent to a $3,300 payment today if money can earn 8% interest? For full marks your answer(s) should be rounded ion 1 to the nearest cent. tion 2 Equivalent Payment = $ 0.00 SAVE AND CLOSE

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