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Home Q & A Board Science-Related Homework Help Mathematics
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Lada Lada
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5 years ago
Three debts, the first for $1720 due four months ago, the second for $1315 due in 5 months, and the third for $1640 due in 7 months, are to be paid by a single payment today. How much is the single payment if money is worth 7.5% p.a. and the agreed focal date is today?
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
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yacomyacom
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5 years ago Edited: A year ago, bio_man
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The size of the single payment is $4609.41.

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Educator
5 years ago
This is a better solution.
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#3
2 years ago
thank you
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