Question: Question 7 of 13 What single payment today would replace a payment of $2,950 in 2 years and a payment of $4,100 in 6 years

 Question 7 of 13 What single payment today would replace a

Question 7 of 13 What single payment today would replace a payment of $2,950 in 2 years and a payment of $4,100 in 6 years if the interest rate is 3.30% compounded semi-annually? Please include a well-labelled timeline diagram. Full solutions should be shown on separate sheets of paper. Submit your solutions. Round to the nearest cent

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