Question: What payment 3 months from now would be equivalent in value to a $4,600 payment due in 9 months and a $3,300 payment due 29

What payment 3 months from now would be equivalent in value to a $4,600 payment due in 9 months and a $3,300 payment due 29 months from now? The value of money is 5.9%, simple interest. Round your final answer only to 2 decimal places. Round answers to two decimal places. For full marks, all work must be shown. Your answer: Your rough work:

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