Question: mathnumber50 Find the equivalent single replacement payment on the given focal date for the following situation. Frequency of Scheduled Payment Int. Rate Conversion Focal Date

mathnumber50

mathnumber50 Find the equivalent single replacement payment on the given focal date

Find the equivalent single replacement payment on the given focal date for the following situation. Frequency of Scheduled Payment Int. Rate Conversion Focal Date $4600 due in five years 9% quarterly two years from now The equivalent payment is $ (Round to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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