Question: Lebron has two options to pay off a loan. i) He can pay $819 at the end 3 months and another $284 at the end

Lebron has two options to pay off a loan. i) He

Lebron has two options to pay off a loan. i) He can pay $819 at the end 3 months and another $284 at the end of 7 months ii) He can pay $ X at the end 1 months and $ 3X at the end of 6 months. Determine X if the interest is 2% and the focal date is 6 months so that the options are equivalent. 276.08 267.08 None of these options 275.10 237.80

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