Question: Please do it by hand and use the FV formula Please check my answer ($3189.18) and provide a detailed solution preferably by hand Scheduled payments

 Please do it by hand and use the FV formula Please

Please do it by hand and use the FV formula Please check my answer ($3189.18) and provide a detailed solution preferably by hand Scheduled payments of $1167, $1264, and $585 are due in one and a half years, four years, and five and a half years respectively. What is the equivaleng single replacement payment two-and-a half years from now if interest is 9.7% compounded annually? Round the final answer to the nearest cent as needed. Scheduled payments of $1167,51264, and $585 are due in one-and-a-half years, four years, and The equivalent single replacement payment is $ 3189.18 (Round the final answer to the nearest cent as needed. Round all intermediate values to six decim

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