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Title: Payments of $2600, due 50 days ago, and $3100, due in 40 days, are to be replaced by payments of ... Post by: BrandyBraden on May 21, 2023 Payments of $2600, due 50 days ago, and $3100, due in 40 days, are to be replaced by payments of $3000 today and the balance due in 30 days. What must the second payment be if the payee is to end up in an equivalent financial position? Money now earns 8.25%. Use 30 days from now as the focal date.
Title: Re: Payments of $2600, due 50 days ago, and $3100, due in 40 days, are to be replaced by payments of ... Post by: malgrextout on May 21, 2023 Content hidden
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