Question 6 of 10 Plant Company was supposed to have received a payment of $3,750 3 years ago, and another payment of $1,

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Question 6 Of 10 Plant Company Was Supposed To Have Received A Payment Of 3 750 3 Years Ago And Another Payment Of 1 1 (45.43 KiB) Viewed 36 times

Question 6 of 10 Plant Company was supposed to have received a payment of $3,750 3 years ago, and another payment of $1,700 5 years ago from a customer who could not make either payment as scheduled. If the customer would like to settle both the payments today, what total amount would he have to pay Plant Company if interest of 4.86% compounded quarterly is charged? Round to the nearest cent $0.00