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What single payment one year from now would be economically equivalent to payments of $1,000 ...

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wnat single payment one yearlrnm now would he ecnnnmically equivalent to payments uf $1,000 due fifteen mnnm: fmm nuw and sson due eighteen months from new Assume money can earn 3.25% compnunded quarterly. (—\ . , 1 $1,433.91 ’0 t‘u' t, I( t,l. . $1,439.91 )6 lL/—-‘7——‘—\—l . $1,793.91 u 7 4.0,, “so . $1,433.91 No . $1,333.91 t) les— lW PV -. |\ 77 /
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