If money earns interest at 4.4% compounded quarterly, what is the equivalent single
payment 2 years from now of three payments of $1200, $1600, and $1800 due, but
not paid, in 6 months, 18 months, and 30 months from now, respectively.
(Note: Although a time line is not required on the test, it is highly recommended that
you create one on a scrap piece of paper to ensure accuracy in answering the
question)