A payment of $18,000 is due in 1 year and $11,800 is due in 2 years. What two equal payments, one in 3 years and one in

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A payment of $18,000 is due in 1 year and $11,800 is due in 2 years. What two equal payments, one in 3 years and one in

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A Payment Of 18 000 Is Due In 1 Year And 11 800 Is Due In 2 Years What Two Equal Payments One In 3 Years And One In 1
A Payment Of 18 000 Is Due In 1 Year And 11 800 Is Due In 2 Years What Two Equal Payments One In 3 Years And One In 1 (25.36 KiB) Viewed 25 times
A payment of $18,000 is due in 1 year and $11,800 is due in 2 years. What two equal payments, one in 3 years and one in 4 years would replace these original payments? Assume that money earns 3.75% compounded quarterly. Use the focal date in 4 years... $0.00 Round to the nearest cent
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