Debt payments of $500 due six months ago, $1,000 due today, and $2,000 due in eighteen months are to be combined into on
Posted: Wed Jul 06, 2022 11:53 am
Debt payments of $500 due six months ago, $1,000 due today, and $2,000 due in eighteen months are to be combined into one payment due eight months from today at 12% p.a. compounded monthly. Find the size of that payment.