Question: What single payment in 3 years would replace a payment of $7,150.00,2 years ago and a payment of $11,000.00,5 years ago? Assume both payments were

What single payment in 3 years would replace a payment of $7,150.00,2 years ago and a payment of $11,000.00,5 years ago? Assume both payments were not paid and that their interest rate is 3.60% compounded quarterly. Answer: Round to the nearest cent

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