Question: What payment 9 months from now would be equivalent in value to a $1,775 payment due in 4 months and a $1,600 payment due 21
What payment 9 months from now would be equivalent in value to a $1,775 payment due in 4 months and a $1,600 payment due 21 months from nov The value of money is 6.2%, simple interest. Round your final answer only to 2 decimal places.
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