Mathematics, 20.03.2020 10:41 micvar9646

A debt of $600 due in three years and $800 due in four years is to be repaid by a single payment two years from now. If the interest rate is 8% compounded semiannually, how much is the payment?

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A debt of $600 due in three years and $800 due in four years is to be repaid by a single payment two...

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